Can Standardization Lead to Innovation?

Abstract

Standardization and innovation are relatively complex in nature. The relationship between these two terminologies has witnessed a mayhem in recent past. Some of the scholars believe that focusing on standardization can lead to lack of innovation whereby some of them believe that standardization and innovation should complement each other to get fruitful outcome. This paper examines the various aspects pertaining to standardization. From the intensive literature review, we have found that standardization forms the basis and facilitator for innovation. Hence organizations need to understand that standards are to be followed for achieving innovation. Future studies can be done to know about the level of awareness what organizations have on standardization and innovation.