2. What is Space Economy?
The full range of activities and the use of resources
that create value and benefits to human beings in
the course of exploring, understanding, managing
and utilizing space.
Includes
All public and private factors involved in developing,
providing and using space-related products and services
The scientific knowledge generated by space research
Space derived products and services
4. How does Space stimulate Economic growth?
• The business that are dependent on the space
satellites :
• Metrology • Internet
• Agriculture planning • TV and radio broad casting
• Irrigation planning • Telecommunication
• Disaster management • Transportation
• Medicine • Town or Urban planning
•Costal & Forest conservation • Transportation and
5. An Engine of Economic Growth
“The Space Economy at a Glance (2011),” OECD
6.
7. Special Features of Space Economy
Access to space is costly & involves
technical risks
The viability of space enabled services
requires large user markets
Space enabled services have special
attributes as economic goods
Space is a Government dominated activity
9. Activities of the Satellites
“The Space Economy at a Glance (2011),” OECD
10. The readiness factors (inputs)
Governmental budgets for space activities:
Civilian and Military space programs
Capital stocks:
Assets in orbit and on the ground
Difficult to Estimate
Human capital: India ~ 15,800, USA ~ 1,70,000
(36 % Indians), China ~ 50,000, ESA ~ 31,000
Investment of Tax payer funds
11. Estimates of space budgets of G20 countries,
2010
Source: http://dx.doi.org/10.1787/888932400209
12. The intensity factors (outputs)
The manufacturing space industry
The satellite telecommunications sector
The satellite earth observation sector
Insurance market for space activities
International trade in selected space products
Innovation for future economic growth: Patents
World wide space launch activities
Space exploration activities
13. Public-Private Partnerships
Private sector gains by having access to
IP, facilities, expertise, resources etc.
Government gains by having access to
private sector expertise, resources,
innovation etc.
A common man gains by getting
improved government systems/services.
Traditional roles of Government and
private sector are beginning to shift.
14. The impacts of the space economy
Socio-Economic impacts from space programmes
Indirect Industrial effects
Economic growth (regional, national)
Efficiency/productivity gains
15. Why to go into space when we have so many
problems here on the Earth?
SPIN-OFFS
Source: NASA
16. SPACE ECONOMY OF INDIA
Launch Vehicles:
PSLV (D1 to C21)
GSLV (D1 to F06)
GSLV-MKIII
Satellites:
Geo stationary: INSAT-
IA to GSAT-XII
Earth Observation
Satellite: Bhaskara-I to
RISAT-I
Experimental satellites:
Aryabhatta to Youthsat
Space Missions:
SROSS-I to
Chandrayaan-I
20. New Challenges
To speed up Globalization of space industry
Ensuring access to radio spectrum
Cheaper access of the orbits
Attracting and retaining workers in Space
programmes
Competition from terrestrial alternatives