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Technology, security, and policy implications of future transatlantic partnerships in space: Lessons from Galileo

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  • Zervos, Vasilis
  • Siegel, Donald S.

Abstract

Policy makers seek to identify an institutional framework that facilitates the commercialization of publicly funded R&D, while simultaneously addressing innovation market failure. In the space industry, the formation of such a framework is complicated by national security considerations and the fact that numerous sovereign nations are often included in the commercialization process. This paper analyses how multi-public partnerships with industry can promote commercially viable space programs, resolve market failures, and address transatlantic security concerns. The benefits and policy implications of the formation of such transatlantic multi-public-private partnerships (TMP3) are illustrated based on a case study of the design of a major European public-private project in the space industry: the Galileo space-based navigation system.

Suggested Citation

  • Zervos, Vasilis & Siegel, Donald S., 2008. "Technology, security, and policy implications of future transatlantic partnerships in space: Lessons from Galileo," Research Policy, Elsevier, vol. 37(9), pages 1630-1642, October.
  • Handle: RePEc:eee:respol:v:37:y:2008:i:9:p:1630-1642
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    References listed on IDEAS

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    1. Hagedoorn, John & Link, Albert N. & Vonortas, Nicholas S., 2000. "Research partnerships1," Research Policy, Elsevier, vol. 29(4-5), pages 567-586, April.
    2. Donald S Siegel & Vasilis Zervos, 2002. "Strategic research partnerships and economic performance: Empirical issues," Science and Public Policy, Oxford University Press, vol. 29(5), pages 331-343, October.
    3. Neven, Damien J & Röller, Lars-Hendrik & Waverman, Leonard, 1993. "The European Satellite Industry: Prospects for Liberalization," CEPR Discussion Papers 813, C.E.P.R. Discussion Papers.
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    Cited by:

    1. Vasilis Zervos, 2017. "The European space-industrial complex: New myths, old realities," Economics of Peace and Security Journal, EPS Publishing, vol. 12(1), pages 28-36, April.
    2. Vasilis Zervos, 2011. "Conflict in Space," Chapters,in: Handbook on the Economics of Conflict, chapter 9 Edward Elgar Publishing.

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