The Oxford Handbook of the New Space Economy
Format:Hardback
Publisher:Oxford University Press
Publishing:18th Dec '25
£161.00
This title is due to be published on 18th December, and will be despatched as soon as possible.
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.
"Technological progress expands frontiers. But it also demands new thinking about policy responses. Just like the automobile, railroad, and steamship revolutions, the new space economy is creating both threats and opportunities, though this time they are both terrestrial and extraterrestrial in nature. This outstanding handbook provides everything an outsider needs to catch up on and appreciate all the work that has been done to date on these exciting and important problems." * Dave Donaldson, Class of 1949 Professor of Economics, Massachusetts Institute of Technology, Cambridge, Massachusetts *
"An excellent guide for anyone passionate about the future of space and its growing role in our economies and societies. As someone deeply engaged in fostering Europe's space ecosystem, I value the handbook's clear insights into the challenges and opportunities shaping this dynamic sector. It brings together a wealth of expertise, offering a roadmap for policymakers, industry leaders, and innovators navigating the new space frontier. This work is an inspiration, highlighting how collaboration and innovation can unlock the full potential of space for sustainable growth and global competitiveness." * Geraldine Naja, Director, Commercialisation, Industry and Competitiveness, European Space Agency, Paris HQ *
"This new Handbook proves an indispensable guide for anyone looking to better understand and navigate this transformative era of unparalleled opportunity. With clarity and insight, this comprehensive resource unpacks the complexities of what used to be a distant frontier and is now the next big marketplace, with an enormous impact on the global economy. Its expert contributors bring the most diverse perspectives, offering the reader an in-depth look at the conceptual, methodological, economic and policy aspects surrounding the new space economy. From the evolving public-private relations to the socio-economic impact of public space investments, passing through geo-economics issues associated to power competition or the unfolding entrepreneurship and commercialization trends, the Handbook blends the most rigorous academic thinking with practical application, making it an essential toolkit for scholars, practitioners and policymakers alike." * Hermann Ludwig Moeller, Director, European Space Policy *
"As the field of space economics develops and grows, we need more collections of the state of knowledge in the field. This handbook is another small step of economic analysis and theory in the ladder to the stars that we continue to build across the generations." * Alexander MacDonald, Former NASA Chief Economist *
ISBN: 9780198881049
Dimensions: unknown
Weight: unknown
936 pages