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A Study on the Strategy for Domestic Space Industry Activation

Author

Listed:
  • Hangil Park

    (KISTEP)

  • Hwayeon Song

    (KISTEP)

  • Jingyung Shim

    (KISTEP)

  • Jane Seo

    (KISTEP)

Abstract

In this study, a business ecosystem of domestic space industry is comprehensively analyzed to derive the influence factors. The priority level of each element as well as the disparity between the ideal and reality is investigated through literature review and expert survey. The three major influence factors determined are: (a) investment scale and approach, (b) propulsion system, and (c) industrialization with overseas expansion. Related issues based on the current status are evaluated, followed by a proposed activation strategy. Findings from the research offers a direction for R&D budget allocation and law system maintenance for the activation of the domestic space industry.

Suggested Citation

  • Hangil Park & Hwayeon Song & Jingyung Shim & Jane Seo, 2014. "A Study on the Strategy for Domestic Space Industry Activation," Proceedings of International Academic Conferences 0802652, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:0802652
    as

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    File URL: https://iises.net/proceedings/13th-international-academic-conference-antibes/table-of-content/detail?cid=8&iid=057&rid=2652
    File Function: First version, 2014
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    More about this item

    Keywords

    Space Industry; Influence Factor; Industry Ecosystem; Government R&D Budget;
    All these keywords.

    JEL classification:

    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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