Innovations in the exploration of outer space
Economic Research Working Paper No. 71
Autor(es): Henry R. Hertzfeld, Benjamin Staats, George Leaua | Año de publicación: 2022
Human exploration of outer space has stimulated multiple innovations from both government and private sources. The decision to invest vast sums of money over a short period of time for the moon programs of the 1960s radically increased the level of innovation. Accomplishing this required new forms of energy for launch and space operations, reductions in the weight of components, and advanced computational capabilities, among many other technological improvements. The organization and management of bringing all of the components together was also essential. This report discusses economic aspects and overall benefits of those innovations as they fit into the prior and continuing push for advanced space capabilities.