ISO Publication, May 2021:
Standards & economic growth: ISO members’ research on the impact of standards on their national economies.
"Very often, the notion that standards are beneficial to economies is taken as a given. Although it is easy to imagine the efficiencies created by standards at the company level and in trade relationships, these assumptions can be difficult to “prove”.
ISO members have provided economic analysis that seeks to show, in real terms, the economic benefits of standards. These studies make state-of-the-art knowledge about the economic impacts of standards widely available and help to demonstrate how standards are a critical part of an economy’s knowledge system."
https://www.iso.org/files/live/sites/isoorg/files/store/en/PUB100456.pdf