Considering the global space economy panorama, Europe’s standing appears far less prominent that it should be. Undoubtedly, the many fragmentations we have discussed in the previous chapters do play a role, but the heart of the matter lies in the risk averse attitude of European Companies. This is a consequence of the governance configuration and public procurement model. The criteria of ESA are the maximization of performance and minimization of risks. But, if ESA would decide to be more commercial oriented, it would need a different procurement mechanisms that stimulate competition. In such a way, there will be a different approach based on market customer satisfaction and quick return on investment.


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    Title :

    Does Europe Need a Space Revolution?


    Additional title:

    SpringerBriefs in Space


    Contributors:


    Publication date :

    2023-07-28


    Size :

    8 pages





    Type of media :

    Article/Chapter (Book)


    Type of material :

    Electronic Resource


    Language :

    English




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