Technology, security, and policy implications of future transatlantic partnerships in space: Lessons from Galileo

Vasilis Zervos, Donald S. Siegel

Research output: Contribution to journalArticle

8 Scopus citations

Abstract

Policy makers seek to identify an institutional framework that facilitates the commercialization of publicly funded R&D, while simultaneously addressing innovation market failure. In the space industry, the formation of such a framework is complicated by national security considerations and the fact that numerous sovereign nations are often included in the commercialization process. This paper analyses how multi-public partnerships with industry can promote commercially viable space programs, resolve market failures, and address transatlantic security concerns. The benefits and policy implications of the formation of such transatlantic multi-public-private partnerships (TMP3) are illustrated based on a case study of the design of a major European public-private project in the space industry: the Galileo space-based navigation system.

Original languageEnglish (US)
Pages (from-to)1630-1642
Number of pages13
JournalResearch Policy
Volume37
Issue number9
DOIs
StatePublished - Oct 1 2008

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Keywords

  • Galileo
  • Public-private partnerships
  • Security
  • Technology
  • Transatlantic

ASJC Scopus subject areas

  • Strategy and Management
  • Management Science and Operations Research
  • Management of Technology and Innovation

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