Public-Private Partnership for the Development of Space Sector in the United States and Great Britain

Author:

Zavarukhin V. P.1,Frolova N. D.2,Baibulatova D. V.1

Affiliation:

1. Institute for the Study of Science RAS

2. Institute of Economics Russian Academy of Sciences; Institute for the Study of Science RAS

Abstract

The article provides an analysis of modern trends in building public-private partnership (PPP), gives an overview of key studies devoted to this subject in general and PPPs in the field of space activities in particular. The authors analyze the practice of public-private partnerships in the U. S. and Great Britain on the examples of specific mechanisms, their key features, advantages and disadvantages that determine the possibility of their application in different areas of government-business cooperation in the field of space exploration. In order to find possible ways for direct application or adaptation of this experience in Russia for organizing space exploration PPPs the researchers concluded that the level of high-tech production in this country is insufficient and significant administrative barriers for attracting private sector into the space industry are still present.

Publisher

The Centre for Education and Methodics of the FAS Russia

Reference36 articles.

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3. The Space Economy in Figures: How space Contributes to the Global Economy. OECD, July 2019. URL: https://www.oecd-ilibrary.org/science-andtechnology/the-space-economy-in-figures_c5996201en (Accessed: 23.06.2021)

4. Cangiano M., Anderson B., Alier M., Petrie M., Hemming R. Public-Private Partnerships, Government Guarantees, and Fiscal Risk // International Monetary Fund, April 2006. 100 p. URL: https://www.imf.org/en/Publications/IMF-SpecialIssues/Issues/2016/12/31/Public-Private-PartnershipsGovernment-Guarantees-and-Fiscal-Risk-18587 (Accessed: 15.06.2021)

5. Public-Private Partnerships: In Pursuit of Risk Sharing and Value for Money. OECD, June 2008. https://doi.org/10.1787/9789264046733-en. (Accessed: 15.06.2021)

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