I agree with the point about fledgling engineering teams at startup companies. Exposure to other more experienced, cross-functional members on standards committees can rapidly develop new engineers and also help reduce the 'hard and expensive' lessons of going back to the design drawing board when simple mistakes were not avoided.
Of course it makes sense for the LittleFuse company to participate in standards development. Not only do they have quite a bit of experience in the field, but since they are mainly a producer of circuit protection devices, it is certainly to their advantage to help prevent any really dumb requirements, typically driven by emotions rather than any data, which some may choose to present. It is seldom useful to have the emotionally driven ideas from the technically ignorant entering into engineering decisions. We have a few examples of that mode already.
A new white paper by the Association for Advancing Automation says that increases in industrial robot shipments correlates positively with increases in US job growth based on Bureau of Labor statistics. The result could be new types of manufacturing and engineering jobs.
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