EconPapers    
Economics at your fingertips  
 

The perceived benefits of the European Union standardization. An exploration according to firm size and firm capabilities

Dendi Ramdani (), Arjen Witteloostuijn (), Johanna Vanderstraeten (), Julie Hermans () and Marcus Dejardin ()
Additional contact information
Dendi Ramdani: Bank Mandiri
Arjen Witteloostuijn: Tilburg University
Johanna Vanderstraeten: University of Antwerp

International Economics and Economic Policy, 2019, vol. 16, issue 2, No 5, 379-396

Abstract: Abstract We examine how the European Union (EU) standardization policy is perceived by firms by exploiting a survey dataset on firms’ benefits. We explore whether perceived benefits are associated with firm size and firm capabilities. We find strong evidence that the perceived benefits of standardization is not equally distributed across firm size classes, industries and countries. Our study indicates that small ventures are less likely to perceive benefits from EU standardization than their larger counterparts, in particular in Eastern European and Mediterranean countries. Additionally, we find evidence that firms with the capabilities to be innovative, exporting and that employ foreign labor are more likely to perceive benefits from standardization than their non–innovative, non–exporting and non–foreign labour–employing counterparts. We suggest EU and EU Member States, in particular in Eastern and Mediterranean Europe, to focus on facilitating standardization compliance by enhancing the critical firm capabilities identified. Stimulation efforts could also be considered to address simultaneously supporting capabilities and standardization literacy.

Keywords: European standardization; Firm size; Firm capabilities; Country effect (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s10368-017-0391-5 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:iecepo:v:16:y:2019:i:2:d:10.1007_s10368-017-0391-5

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/10368/PS2

DOI: 10.1007/s10368-017-0391-5

Access Statistics for this article

International Economics and Economic Policy is currently edited by Paul J.J. Welfens, Holger C. Wolf, Christian Pierdzioch and Christian Richter

More articles in International Economics and Economic Policy from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2021-04-02
Handle: RePEc:kap:iecepo:v:16:y:2019:i:2:d:10.1007_s10368-017-0391-5