The Oxford Handbook of the New Space Economy

by D'Costa, Anthony P.

• ISBN13: 9780198881049
• ISBN10: 0198881045
• Format: Hardcover
• Copyright: 2026-03-18
• Publisher: Oxford University Press

Summary

This handbook on the "New" Space Economy (NSE) offers the first comprehensive analysis of the contemporary space economy. The "new" is characterized by commercialization, greater participation of the private sector, innovation, and increased engagement of national governments. Using multiple approaches, the volume conceptualizes the boundaries of an emerging field of inquiry, characterized by continuity and change and involving terrestrial and extraterrestrial activities. It covers the fundamental economic, institutional, and technological dynamics and assesses the socio-economic impact of the NSE. Largely a US and European phenomenon, the evolution of the NSE in other spacefaring nations such as China, India, Japan, and Russia is also examined.

In The Oxford Handbook of the New Space Economy, chapters by both academics and practitioners systematically address the changing institutional arrangements, interactions between public and private actors, and the role of innovations and entrepreneurship. As constellations of satellites for earth observations, telecommunications, the internet, GPS, and other civilian applications tackle climate change and monitor natural disasters, the unsustainability of space activities due to orbital congestion and space debris is a reality. The 1967 UN Outer Space Treaty, which views space as a "global commons," needs revisiting to address regulatory challenges in space mining and other uses of extraterrestrial resources. This volume advances the state of knowledge on the dynamics of an emerging new space economy, identifies key stakeholders, and opens up future research areas for policymaking.

Author Biography

Anthony P. D'Costa, Honorary Professorial Fellow, University of Melbourne

Anthony P. D’Costa is an Honorary Professorial Fellow, University of Melbourne. He taught at the University of Washington, National University of Singapore, Copenhagen Business School, University of Melbourne, and the University of Alabama in Huntsville. He has published extensively on the political economy of development in India and industrial transformation in East Asia, and currently finishing his fourteenth book, Business and Economic Development in India: The Jobs Dilemma in the Twenty-first Century (Oxford University Press) and contributing to an edited volume Designing India: From 1947 to the Present.

Table of Contents

Endorsements. List of Tables. List of Figures. List of Boxes. List of Appendices. List of Contributors. Foreword. Preface and Acknowledgements. INTRODUCTION1. . The Making of a New Space Economy, Anthony P. D CostaPART 1: CONCEPTS, METHODOLOGIES, AND ANALYTICAL PERSPECTIVES2. . Concepts and Methodologies for Measuring the US Space Economy, Tina Highfill3. . Defining and Measuring the Space Economy to Support Policy Making, Marit Undseth and Claire Jolly4. . The Economics of Space Development, Akhil Rao and Doyoung Park5. The Economics of Sustainable Space Waste Management, Jeffrey Wagner6. . The Economics and Policy of Space Debris and Orbital Management, R. J. Briggs and Mann Virdee7. . The Economics of the Satellite Launch Industry, Nodir Adilov, Peter J. Alexander, and Brendan M. Cunningham8. A Cost-Benefit Framework to Assess the Socioeconomic Impacts of Space Investments, Gelsomina Catalano, Valentina Morretta, and Massimo FlorioPART 2: STATE, PRIVATE ACTORS, AND INSTITUTIONAL SHIFTS9. . The Evolving Roles of Public and Private Actors in Space Since 2000, Matthew C. Weinzierl10. The Role of Public Actors in Space Commercialization, Luca del Monte and Marco Aliberti11. . The Institutional Origins of the Commercialization of the Space Economy in Europe, Sarah Lieberman, Harald Köpping Athanasopoulos, and Thomas Hoerber12. . Public Procurement for the New Space Economy, Paolo Castelnovo, Stefano Clò, Francesco Giffoni, and Matteo Landoni13. . Shifting Institutional Roles in the Space Situational Awareness and Space Domain Awareness Sector, Mariel Borowitz14. . Space Industry Ecosystem, Dmitry Payson15. . New Space as a Trigger for New Law, Joel Lisk16. . China s Changing Legal Regime in the Era of Space Commercialization and Privatization, Yun Zhao and Zhiming XiaoPART 3: INNOVATION, ENTREPRENEURSHIP, AND MANAGEMENT17. . Industry Emergence Research for the New Space Economy, Ken Davidian18. . Entrepreneurship and Commercialization in the US New Space Economy, Greg Autry19. . An Ecosystem Perspective on Space Entrepreneurship and Space Affordances, Angelo Cavallo, Antonio Messeni Petruzzelli, and Vareska van de Vrande20. . Patent Strategies in the New Space Economy, Paola Belingheri, Turan Panahli, and Maria Isabella Leone21. . Supply Chain Management in the New Space Economy, Alessandro Comune and Tobias Engel22. . Risk and Insurance in the New Space Economy, Katarzyna Malinowska and Micha? Szwajewski23. . Responsible Investment Considerations for Space Sustainability, Peter Martinez, Ian Christensen, Clare Fairfield, and William Parker24. . Accounting for the New Space Economy, Hank C. Alewine, Basil P. Tucker25. . Equity, Diversity, and Inclusion for the New Space Economy, Paola Belingheri, Silvia Bianchi, Coraline Dalibot, Marcelle Laliberté, Alice Pellegrino, and Sahana ShastryPART 4: SOCIO-ECONOMIC IMPACT OF NSE26. . The Economic Legacy of the Space Race in the United States, Shawn Kantor, Spencer A. McCloy, and Alexander Whalley27. . Measuring the Technological and Economic Effects of Space Activities, Luisa Corrado, Stefano Grassi, and Aldo Paolillo28. . The Economics of Earth Observation Data in the New Space Economy, Francesca Monaco, Davide Vurchio, and Lorenzo Zirulia29. . The Internet and the Space Economy, Ward A. Hanson30. . Impacts of Satellite-based Applications on the UN s Sustainable Development Goals, Alessandro Paravano, Giorgio Locatelli, and Paolo Trucco31. . Geoeconomics and the Space Power Competition, Bohumil Dobo and Jakub Pra ák32. . NewSpace, Commercialization, and Warfare, Mark Hilborne33. . International Space Law for the Commercial Exploitation of Space Resources, Melissa de Zwart, Stacey Henderson, and John CultonPART 5: COUNTRY PERSPECTIVES ON NSE EVOLUTION34. . Changing Dynamics in Russia s Space Economy, Dmitry Payson and Ivan Kosenkov35. . The Role of the State and the National Innovation System in China s Space Economy, Jiwei Qian36. . State, Policies, and the Rise of NewSpace in India, Deepika Jeyakodi and Narayan Prasad37. . The Logic of Commerce and the Evolution of Japan s National Space Program, Quentin Verspieren, Masayasu Ishida, and Kazuto Suzuki38. . Socio-technical Analysis of Korea s Space Economy Transition, Hyoung Joon An39. . Space Security and Economic Development in Argentina and Brazil, Robert C. Harding40. . Central and Eastern European Space Sector in the Wider European Space Ecosystem, Micha? Szwajewski, Katarzyna Malinowska, Bartosz Malinowski, Pawe? Pacek, and Kaja Hopej41. . Brazil in the New Geographies of International Space Cooperation, Luiz Guilherme de Oliveira and Susan Elizabeth Martins Cesar de OliveiraPOSTSCRIPT42. . The New Space Economy and Distributive Implications on Earth, Anthony P. D CostaACRONYMS. GLOSSARY. INDEX.