Mechanisms for the Development of Commercialization of Space Activities

Student: Grozina Alina

Faculty: Faculty of World Economy and International Affairs

Educational Programme: World Economy (Bachelor)

Year of Graduation: 2020

The history of the space age began in 1957. Since then, space and space activities gained international attention. Today, the leading countries of the world are fighting for a leading position in space activities. Initially, people studied space to gain knowledge about our world, about the Universe. Over time, they realized what other opportunity space exploration could provide, namely, the commercialization of space activities and its products. This study aims at finding types of commercialization of space activities, as well as mechanisms of commercialization. We will also conduct an econometric assessment in order to identify and evaluate the factors affecting the commercialization of space activities. This study will provide an opportunity to more deeply study this topic, as well as identify barriers and further ways of developing the commercialization of space activities.

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