#ESA 📆 2011 The #European 🇪🇺 #SpaceMarket arguably lacks essential ingredients of a free, #competition-driven, #commercial market and thus also some #innovation-stimulating effects of these: activities of the monopsonist are highly regulated by free-market #distorting rules.
“#Innovation is the renewal and enlargement of the range of products and services and the
associated markets; the establishment of #new methods of production, supply and
distribution; the introduction of #changes in #management, work #organisation, and the
working conditions and skills of the workforce.
The #SpaceSector as a whole as well as its #major actors experience difficulties
preparing for #disruptive or #radical innovation, partly due to the successes enabled by
incremental, sustaining innovation. However, based on analysis methods of free market,
#signs 👀 of potentially #disruptive #innovation in the space sector are appearing." https://www.esa.int/gsp/ACT/doc/CMS/pub/ACT-RPR-1011%20Early%20Signs%20of%20Potentially%20Disruptive%20Innovation%20in%20the%20Space%20Sector%20summerer.pdf

#ESA 📆 2023 😴⏰😱

📆 January 9, 2023 #SpaceEconomy report finds that the #SpaceMarket grew 8% 📈. #SpaceSector at $70B 💰 in 2022, expected to grow to $100B in 📆 2031 https://payloadspace.com/euroconsult-2022-space-economy/

#Copernicus plays an important role in the European #EO #spacemarket.

It offers open data in the form of high-resolution imagery which opens door to multiple opportunities for European space companies 🌠🌔

👉 Read the article for details: https://bit.ly/3vXyXuJ

#EUOpenData

🐦🔗: https://n.respublicae.eu/EU_opendata/status/1614985877549387776