The Economic Impacts of Early Stage Consensus Standards Development: A Case Study of Nanotechnology Documentary Standards
David P. Leech, John T. Scott
This economic impact assessment focuses on documentary standards development for nanotechnology. Nanotechnology developments and applications are just emerging; thus, the standards studied in this report are regarded as early-stage or proactive standards that are promulgated early in the life cycle of the development of nanoscience- and nanotechnology- based products and services. Unlike most survey-based economic impact evaluations conducted for NIST, in which the impact of NISTs resource investments is evaluated, this case study focuses on the economic significance of nanotechnology standards to industrial firms, both as users of the completed standards and as the standards developers.