Evolution of the Space Economy: Government Space to Commercial Space and New Space

Q3 Social Sciences
W. Peeters
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引用次数: 5

Abstract

ABSTRACT From an economic point of view, we can distinguish three successive phases in the development of space business. In the first phase, space activities were government driven and based upon national prestige, and were financed with public money. In a second phase, large space companies, as a reaction against reduced government space funding, responded to a market demand and used their own funds or debt financing to perform commercial space business. Since approximately the year 2000, we note a third phase, whereby entrepreneurs acquire equity funding to develop independently space application projects. This phase is referred to as the New Space economy. The three phases will be covered in this paper, with an outlook to the evolution of the space economy the next decades. The outlook for New Space entrepreneurial business activities, with an emphasis on small satellites and micro-launchers, will be developed further herein.
空间经济的演变:政府空间到商业空间和新空间
从经济学的角度看,航天事业的发展可以分为三个连续的阶段。在第一阶段,空间活动由政府推动,以国家声誉为基础,并由公共资金资助。在第二阶段,作为对政府空间资金减少的反应,大型空间公司响应市场需求,利用自己的资金或债务融资开展商业空间业务。大约自2000年以来,我们注意到第三阶段,即企业家获得股权资金以独立开发空间应用项目。这一阶段被称为新太空经济。本文将涵盖这三个阶段,并展望未来几十年空间经济的演变。在此将进一步发展以小型卫星和微型发射器为重点的新空间企业商业活动的前景。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Astropolitics
Astropolitics Social Sciences-Political Science and International Relations
CiteScore
1.20
自引率
0.00%
发文量
2
期刊介绍: Astropolitics: The International Journal of Space Politics and Policy is a peer-reviewed academic journal. The journal is dedicated to policy relevant and interdisciplinary analysis of civil, commercial, military, and intelligence space activities. Committed to the highest editorial standards, Astropolitics is the international journal of choice for the academic, policy-maker and professional in the space community.
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