| ID | 169311 |
| Title Proper | Economic Impacts of the Commercial Space Industry |
| Language | ENG |
| Author | George, Kelly Whealan |
| Summary / Abstract (Note) | The market structure of government investment domination in the space industry is being disrupted as commercial companies began working in the commercial space sector. As the 1960s was known as a government-funded space race, the 21st century may be known as a private interest space race. U.S. policy intended to speed innovation and drive costs down by expanding the role of commercial space companies. Hence, the 2018 orbiting sports car, yet more importantly, reusable rockets, satellites, and associated services developed as a result of the deliberate shift in government policy starting with the Commercial Space Launch Act of 1984. |
| `In' analytical Note | Space PolicyVol. 47, Feb 2019: p.181-186 |
| Journal Source | Space Policy 2019-02 47 |
| Key Words | Input-Output Analysis ; Economic Impact ; Commercial space industry |