Standardization and certification as a mechanism for codifying knowledge and accelerating the diffusion of innovations in consumer markets

Authors

  • Maryna Chyzhevska PhD in Economics, Associate Professor, Head of the Department of Economics, Entrepreneurship and Marketing, Educational and Research Institute of Finance, Economy, Management and Law, National University «Yuri Kondratyuk Poltava Polytechnic», Pershotravnevyi Аve., 24, Poltava, 36011, Ukraine https://orcid.org/0000-0003-1637-9564
  • Viktoriia Vasiuta PhD in Technical, Associate Professor, Associate Professor of the Department of Economics, Entrepreneurship and Marketing, Educational and Research Institute of Finance, Economy, Management and Law, National University «Yuri Kondratyuk Poltava Polytechnic», Pershotravnevyi Аve., 24, Poltava, 36011, Ukraine https://orcid.org/0000-0002-7469-3968
  • Inna Shurduk PhD in Technical, Chief Forensic Expert of the Department of Commodity and Gemological Research, Poltava Scientific Research Forensic Center of the Ministry of Internal Affairs of Ukraine, Rybalsky Lane, 8, Poltava, 36004, Ukraine https://orcid.org/0000-0002-5287-1241

DOI:

https://doi.org/10.5281/zenodo.20456636

Keywords:

standardization; certification; codification of knowledge; diffusion of innovations; consumer markets; consumer trust; technical regulation

Abstract

The article examines standardization and certification as complementary mechanisms for codifying knowledge that affect the speed and scale of innovation diffusion in consumer markets. The relevance of the topic is due to the fact that in the context of digitalization, increased competition, and increasing requirements for product safety and compatibility, it is standards and certification procedures that increasingly determine how quickly an innovation transforms from a separate technological solution to a mass market product. The purpose of the article is to substantiate the impact of standardization and certification as mechanisms for codifying knowledge on accelerating the diffusion of innovations in consumer markets, as well as to compare the Ukrainian and international contexts of the functioning of these mechanisms. Methodologically, the study is based on a combination of a literature review of modern scientific works and official documents, comparative analysis, scenario modeling, and expert survey. Research results. The work summarizes modern approaches to understanding standards as carriers of formalized knowledge, analyzes the role of certification as a tool for reducing information asymmetry and building trust, and systematizes the features of Ukrainian adaptation to the European regulatory space. Conclusions. The authors prove that standardization ensures compatibility, reproducibility and transferability of knowledge between market participants, and certification transforms this codified knowledge into a signal of quality, safety and reliability that is understandable to the consumer. The results of scenario modeling show that with a single standard and external confirmation of compliance, the diffusion of innovations in the segments of mobile communications, contactless payments and "smart home" devices occurs faster than in the case of fragmented formats and the absence of certification. The generalization of expert assessments showed that the presence of a standard and certification is considered by experts to be a more significant factor in the mass adoption of innovation than individual marketing tools. The scientific novelty of the study lies in the comprehensive consideration of standardization and certification as institutions for codifying knowledge and accelerating trust in consumer markets, and not only as elements of formal technical regulation.

Published

2026-05-30

How to Cite

Chyzhevska, M., Vasiuta, V., & Shurduk, I. (2026). Standardization and certification as a mechanism for codifying knowledge and accelerating the diffusion of innovations in consumer markets. Current Issues of Economic Sciences, (23). https://doi.org/10.5281/zenodo.20456636

Issue

Section

Entrepreneurship, trade and stock exchange activities