Publisher's Synopsis
Ever since their inception, space activities have been innovative, but not driven by commercial considerations - that is, until the end of the Cold War, when the commercialisation of space escalated. As a result, the direction of the innovation changed in order to leverage new business opportunities, which reached a turning point in the 2010s. This book discusses the developmental trends of the world space sector in detail, by analysing their long-term evolution, and studying why this innovative industry sometimes experiences technological and organisational delays. It also provides a framework to diagnose more accurately the potential technological threats that are currently faced by existing space tech manufacturers.