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.

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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
Controls
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article

Innovation Models in the New Space Economy

Ekene Okwechime
1 citations
New Space
Space exploration and regulation
1.15
article

Innovation Models in the New Space Economy

Ekene Okwechime
article en
1 citations

Abstract

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.

New SpaceVol. 13(2)
Anglia Ruskin University (GB)
Industry, innovation and infrastructure
Openalex Percentile: Top 22%
Space exploration and regulation
1.15
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