Commercialization of results of the space activity: Global practices, challenges and promising areas

Abstract

Subject The article discusses issues of reducing financial costs incurred by scienceintensive and high-tech enterprises to engineer aerospace equipment and cut costs of various space services rendered through satellite technology. To accelerate the advancement of the aerospace production, Russia should reshape the industry by involving private business on an arm length's basis. Objectives The study examines, adapts foreign practices, develop new comprehensive toolbox for effective integration of State corporations and private business. Methods The proposed method is based on general scientific principles, comprehensive use of the systems analysis methodology, enhanced expert assessment technique revealing the efficiency and competitiveness of all science-intensive and high-tech enterprises. Results To make the commercialization of various types of space activity more effective, we typified and classified space services from consumers' perspectives, show the outcome of a comparative analysis of national and international space markets through history and substantiate new form of cooperation between space and onshore manufacturing sectors. The proposed techniques and tools reveal new trends in the commercialization of space services, effective generation of possible market formation alternatives, promising aspects of demand. They help evaluate their impact on space technologies and reciprocal effects. Conclusions and Relevance The system studies of the space activity pursue the technological advancement of aerospace systems and more effective governance of Roscosmos entities and global expansion of the position and opportunities of the Russian aerospace industry by involving private businesses and commercializing space services.