Standards in the SME Sector

Abstract

Small and medium-sized enterprises (SMEs) form a diverse group, ranging from simple crafts manufacturers to innovative high-tech companies. According to the European Union’s definition, these can include one-person firms to 250-strong companies. Many SMEs could derive greater benefit from standardization, although standards are sometimes perceived as a burden rather than an advantage. This article highlights the obstacles that prevent SMEs profiting from standards and standardization and offers solutions