Journal of Business & Economic Policy

ISSN 2375-0766 (Print), 2375-0774 (Online) DOI: 10.30845/jbep

Pinar Ba┼čar

Nowadays, the space industry has evolved from a governmental structure to a rather public-private cooperative structure in a quite competitive way. The pioneers of the industry have, in a way, changed the frontiers of the space. In this study, both dimensions that affect the nature of space entrepreneurship or, in other terms, astropreneurship and also differences in regard to the definition of investment amongst entrepreneurs due to the unique characteristics of the space industry have been investigated within the framework of industrial and consumer markets. Various processes, innovations, new ideas and outcomes of entrepreneurial activities are regarded as the indispensable elements of the overarching process of industry information in numerous regions and economies. Space offers a number of opportunities for commoditization and monetization. In this regard, the space policies of governments tend to have a prominent role on this novel public procurement.

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