Session
Technical Poster Session 7: Ground Systems & Operations
Location
Utah State University, Logan, UT
Abstract
1. FROM TECHNOLOGICAL TO ECONOMIC STAGNATION
The rapid financial growth enjoyed by Near Space industry activities in the Earth orbits is driven by changes in market dynamics rather than technological breakthroughs. The shift towards privatization has resulted in a transition from the initial phase of exploration to an era of exploitation. Now that space is becoming commercial, financed by true business opportunities and profitability goals rather than institutional capital, it is increasingly hard to promote an ecosystem of innovation. Inevitably, technological stagnation will lead to financial plateauing.
Disruptive Innovations in Satellite Missions: A Managerial Perspective
Utah State University, Logan, UT
1. FROM TECHNOLOGICAL TO ECONOMIC STAGNATION
The rapid financial growth enjoyed by Near Space industry activities in the Earth orbits is driven by changes in market dynamics rather than technological breakthroughs. The shift towards privatization has resulted in a transition from the initial phase of exploration to an era of exploitation. Now that space is becoming commercial, financed by true business opportunities and profitability goals rather than institutional capital, it is increasingly hard to promote an ecosystem of innovation. Inevitably, technological stagnation will lead to financial plateauing.