The Development of the World High T echnology Manufacturing and Space Markets: Will Astronautics Become a New Global Innovation?

I. E. Frolov ()

Economics of Contemporary Russia, issue 4

Abstract: The article considers the development of the Russian guided missiles and space vehicles industry for a long-term taking into account changes of the space technology research and development and procurement by «Roscosmos» corporation and the current trends of global space technology market. Special attention was aimed at differentiating the development of various segments of the market. The author considers the hypotheses of the peculiarity of innovative development and innovations spreading in space industry based on his ideas about the essence of innovative processes and innovation capital circle-flow, which has been developed in his previous works. It enables the author to show that until late 1980s, guided missiles and space vehicles industry was an innovative manufacture sector, but today a significant part of the industry’s main segments are involved only in the creation of local innovations. Its results bring added value in related industries that are not part of space technology manufacturing. Furthermore, the research is aimed at solving the problem of estimating the long-term perspectives of Russian guided missiles and space vehicles industry, as well as the space market. The main challenge is to get forecast estimates taking into consideration the inconstant government funding and financial limits of Russian federal space program for 2016-2025 years’ period.

References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.ecr-journal.ru/jour/article/viewFile/205/204 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ack:journl:y::id:205

Access Statistics for this article

More articles in Economics of Contemporary Russia from Regional Public Organization for Assistance to the Development of Institutions of the Department of Economics of the Russian Academy of Sciences
Bibliographic data for series maintained by Ð ÐµÐ´Ð°ÐºÑ†Ð¸Ñ ().