Innovation Models in the New Space Economy
The new space economy (NSE) signifies a transformative era in which private enterprises increasingly take the lead, shifting the space sector from government dominance to a thriving commercial ecosystem. As the market for the NSE continues to grow, it offers unparalleled opportunities for businesses to innovate and adapt. This article delves into the categorization of emerging business model types and archetypes tailored to this evolving landscape. It further examines the strategic shifts required for traditional firms to recalibrate their offerings and highlights critical factors for successfully implementing innovative business models in this rapidly changing environment.
Authors
- Ekene Okwechime (ORCID: https://orcid.org/0000-0002-8917-3834)
Institutions
- Anglia Ruskin University (GB)
Publication Details
- Journal
- New Space
- Published
- 2025-01-29
- DOI
- https://doi.org/10.1089/space.2024.0043
- Citations
- 1
- Primary Topic
- Space exploration and regulation
- Type
- article
- Field-Weighted Citation Impact
- 1.15