DOI: 10.25198/2077-7175-2019-7-52
COMMERCIAL SPACE: KEY MODERN TRENDS
S.G. Kamolov1, D.A. Mirakova2
Moscow State Institute of International Relations (University) of the Ministry of Foreign Affairs of the Russian Federation, Moscow, Russia
1e-mail: skamolov@yahoo.com
2e-mail: damirakova@gmail.com
Abstract. The relevance of the study of trends in the commercialization of space activities is determined by the formation of the new main directions in the field of space exploration (upstream and downstream), shift in the role of the «space club» members and emergence of new players in the world space market. The survey sought to expose the particularities of various countries’ strategies on the commercial use of outer space, generalize foreign experience in the development and application of mechanisms to attract private investment in the space industry, as well as systematize data on commercial launches and marshal new countries participating in space activities into relevant categories based on the analysis of statistical information. The study of these aspects is necessary for subsequent consideration in the development of national legislation to regulate private enterprise in the space sector. The article contains the author’s classification of countries engaged in space research. The leading method of studying the process of commercialization of space activities is a comprehensive analysis of statistical data on spacecraft launches with regard to the indicators of the budget allocated to the space projects and programs in foreign countries, comparative assessment of public approaches to the commercial use of outer space, along with the results of interaction between the private and public sectors in space activities. Within the framework of this article, comparative legal research methods and synthesis were also used. The scientific novelty of the research consists in the evolution of the methodology for studying the processes of space commercialization and the development of the world market of space services. Arising from the investigation, a conclusion that countries, entering the world market for space services for the first time, are developing commercially oriented technologies in priority, including inter alia the production of nano- and microsatellites, elaboration of innovative systems and provision of remote sensing and satellite communications services is formulated. The authors emphasize the significance of private investment for the Russian space industry’s development and point to the need to further expand the commercialization of space activities in connection with its enormous economic potential. The practical significance of the results of this study lies in the possibility of their application in order to hammer out a strategy for the use of outer space for commercial purposes at Russian enterprises of the rocket-and-space industry, including within the framework of public-private partnership. The materials of this article are of interest to students, graduate students, professors, representatives of public authorities interested in the study of issues related to the commercialization of Russian space.
Keywords: world space market, space commercialization, new spacefaring nations, space activities, venture capital funding, start-up space ventures.
Cite as: Kamolov, S.G., Mirakova,, D.A. (2019) [Commercial space: key modern trends]. Intellekt. Innovatsi. Investitsii [Intellect. Innovation. Investments]. Vol. 7, pp. 52-63. DOI: 10.25198/2077-7175-2019-7-52.
