Economic Benefits for Developing Countries Through Investment in Space Technology: A Literature Analysis

For many years, it has been thought that aerospace technology was reserved only for developed countries since significant economic investments were needed. It was thought that developing countries could only invest in raw material exploitation since aerospace development only involved unnecessary expenses. However, with the accelerated advance of technology, and the development of small missions, which allow lower component costs, the investment to enter into the space era becomes more accessible. In addition, space technology can bring significant benefits to developing countries. In the present work, a study highlights the great benefits and opportunities that developing countries have in the aerospace field. The results show favorable situations in this aspect.