From assessing socio-economic impact to the development of the space economy
Today’s space race involves taking the challenge to better capitalise on the social and economic advantages that flow from space science and technology.
ESA plays a key role in the public sector, working towards economic growth, job creation and the development of a more competitive European industry. ESA gets involved from the start (technological research) and sees a project through to the final stage (service development).
To create value, ESA shapes and sets the conditions for future technological and market opportunities that drive sustainable growth.
In doing this, ESA contributes to activities that turn space research into successful European innovation stories, encouraging entrepreneurship and providing a framework that drives start-ups, the take-up of new businesses and job creation.
The Agency has taken steps to strengthen the growth of a sustainable European space ecosystem across the full spectrum of its activities.
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