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International Standards and Innovation: Opening Markets for American Workers and Exporters (+$2 million)
When foreign governments develop and implement new standards affecting the marketability of U.S. products in their countries, U.S. companies can be shut out of foreign markets, hurting American firms, their workers, and the national economy. For U.S. companies to compete successfully in an increasingly global economy, product standards and related measurements must be commonly accepted across borders. Standards-related barriers to trade constrain innovation, entrench inferior technologies, raise transaction costs, and hinder the development of interoperable systems.
Proposed NIST Program
NIST is uniquely positioned to play a key role in harmonizing domestic and international standards. Currently, NIST works with both the public and private sectors to coordinate the development of voluntary standards within the United States and actively participates in standards activities worldwide.
Under this proposed initiative, NIST will promote U.S. competitiveness by ensuring that innovative U.S. businesses are better equipped to satisfy standards-related requirements in key export markets and that these firms have access to level playing fields.
Among the expected impacts of this proposed program are: