A new report The Economics of Accreditation commissioned by the UK government has assessed the economic benefits derived from the accreditation of certification, measurement and inspection services.
A key finding of the analysis, aimed at a financial evaluation of accreditation’s contribution to the UK economy, is the multiplier effect of accreditation: UKAS and the other institutions in the quality infrastructure jointly amplify each other’s effects, leading to a set of interdependencies and cross-amplifying effects that create a significant financial advantage for those using accreditation to distinguish their products and services.
Main findings and full details of the report can be consulted at:
http://www.ukas.com/media-centre/news/newsarchive/2013/Economic_Benefits_Of_Accreditation.asp