Abstract Entrepreneurs and blue-chip corporations alike are seeking to capitalize on outer space's bountifulness, setting the NewSpace industry's growth ablaze and establishing an engine for an economic and technological revolution. However, meaningful impediments that could stifle the industry's growth are still present. The wide array of newly forming opportunities, pursued by a myriad of actors with various interests, encourages national legislatures to regulate where current international law leaves uncertainty. Such encouragement has created a landscape of conflicting national legislations, thereby constructing an environment of regulatory competition as states vie for the attention of the NewSpace industry. This paper assesses some of the regulatory competitions already underway as well as provides insights into likely future competitions. Ultimately, this paper finds and warns of the effects of these competitions; specifically, that, in many cases, the rise of regulatory competition threatens to lower the standards of governing policies. In such circumstances, the growth of the NewSpace industry, and with it the anticipated technological and economic revolutions, could be in jeopardy — a worthy cause for concern.

    Highlights International laws do not properly apply to private space enterprises (“NewSpace”). States are enacting rival domestic space laws, creating regulatory competitions. Regulatory competition threatens standards of governance via a “race to the bottom”. International laws with a minimum governing floor for NewSpace activity is needed.


    Zugriff

    Zugriff prüfen

    Verfügbarkeit in meiner Bibliothek prüfen

    Bestellung bei Subito €


    Exportieren, teilen und zitieren



    Titel :

    A cause for concern: Developing regulatory competitions in NewSpace


    Beteiligte:
    Simon, Steve (Autor:in)

    Erschienen in:

    Acta Astronautica ; 187 ; 212-224


    Erscheinungsdatum :

    2021-05-06


    Format / Umfang :

    13 pages




    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch




    NewSpace Bullshit

    Chechile, Ignacio | Springer Verlag | 2021


    Bad NewSpace

    Heydari, Mohammadreza | AIAA | 2020


    Newspace conference

    Space Frontier Foundation | British Library Conference Proceedings | 2008


    NewSpace systems engineering

    Chechile, Ignacio | TIBKAT | 2021