Abstract
The last meeting of the ESA Council at Ministerial level, in November 2012 (CM12) in Napoli, Italy, was a clear and visible step forward to move space closer to mainstream public policies. With its political affidavit “Space for Competitiveness and Growth” the CM12 meeting, at which time ESA Member States were required to make important public investment decisions, emphasised how clearly the space sector is now required to demonstrate that it will deliver value for money and that the proposed public investment will benefit the economy and society.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
The European Union’s Galileo and Copernicus programmes are publicly funded infrastructures which are hoped to lead to applications markets worth several times the investment.
- 2.
Total European Public investment in space represent more than 4B€ annually for an industry turnover of 6B€ (ASD-Eurospace, The European Space Industry in 2010, Facts & Figures, June 2011).
- 3.
Many references exist, see for example: Brendle P, Cohendet P, Larue R (1986) The economic impact of European Space Projects. Futures. April 1986. Chapman RL, Lohman LC, Chapman MJ (1989) An exploration of benefits from NASA Spinoff. Contract 88–01 with NERAC, Inc. Mathematica, Inc., Economic Analysis of New Space Transportation Systems, Princeton, NJ, May 1971.
- 4.
Reports by Technopolis (ESA Contract Reference 4000103623/11/F/MOS) and SEO-NLR (4000103624/11/F/MOS) (May 2012), Design of a Methodology to Evaluate the Direct and Indirect Economic and Social Benefits of Public Investments in Space.
- 5.
Hertzfeld HR (2012) A comment on economic theory, law, and policy in the space economy. 63rd International Astronautical Congress, Naples, Italy.
- 6.
OECD (2011) The space economy at a glance 2011. OECD Publishing.
- 7.
Coe D, Helpman E (1995) International R&D Spillovers. Eur Econ Rev 39:859–887.
- 8.
PricewaterhouseCoopers (July 2006), Socio-Economic Benefits Analysis of GMES; Booz & Company (September 2011), Cost-Benefit Analysis for GMES; PricewaterhouseCoopers (November 2001), Inception Study to Support the Development of a Business Plan for the GALILEO Programme, TREN/B5/23-2001; Technolopolis (October 2010), Space Exploration and Innovation.
- 9.
OECD (2012) OECD handbook on measuring the space economy. OECD Publishing.
- 10.
Reports by Technopolis (ESA Contract Reference 4000103623/11/F/MOS) and SEO-NLR (4000103624/11/F/MOS) (May 2012), Design of a Methodology to Evaluate the Direct and Indirect Economic and Social Benefits of Public Investments in Space.
- 11.
OECD (2012) OECD handbook on measuring the space economy. OECD Publishing.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2014 Springer-Verlag Wien
About this chapter
Cite this chapter
Bruston, J. (2014). Space: the Last Frontier for Socio-economic Impacts Evaluation?. In: Al-Ekabi, C., Baranes, B., Hulsroj, P., Lahcen, A. (eds) Yearbook on Space Policy 2011/2012. Yearbook on Space Policy. Springer, Vienna. https://doi.org/10.1007/978-3-7091-1649-4_6
Download citation
DOI: https://doi.org/10.1007/978-3-7091-1649-4_6
Published:
Publisher Name: Springer, Vienna
Print ISBN: 978-3-7091-1648-7
Online ISBN: 978-3-7091-1649-4
eBook Packages: EngineeringEngineering (R0)