Abstract

Abstract Innovation & product safety in the case of the EC & Hungarian SMEs is a top priority, where product safety is also a legal obligation. Despite this, innovation design is dealt with inadequately by the majority of companies, and this is due to lack of knowledge or competency, especially considering the processes related to the design of safe products. Improper behaviour in the design stages results in losses for the companies - losses due to the inadequacy of otherwise innovative products. Inadequate or poorly applied directives/policies, especially when coded into processes influence not only the safety of the products but can result in delays to market access, significantly increasing costs & development time, as well jeopardising the product’s acceptance on the future market.

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