DOI: http://doi.org/10.15350/2409-7616.2021.3.08

UDC 339.13

Skryl T.V.¹ (Moscow, Russian Federation) – E-mail: Skryl.TV@rea.ru, Markov A.Yu.² (Moscow, Russian Federation) – E-mail: markov.a.yu@my.mgimo.ru

¹Plekhanov Russian University of Economics

²MGIMO University

Abstract. The article reveals the problems of realizing the potential of the space industry in the formation of the digital economy. Today the space industry is the place where breakthrough technologies are created. Using the advantages of innovative technologies, the space sector can offer a wide range of economic opportunities and challenges. The activities of the space industry can become a pillar of growth in the digital economy. On the one hand, the digital economy creates new conditions of uncertainty as an objective need to restructure the economic system. On the other hand, the digital transformation carries a number of risks of losing the existing economic sustainability. The authors refer to the space industry and the related innovative space and digital technology market as the object of analysis of this study. The paper shows the limitations of the research thought and ways to improve the theoretical and methodological foundations of the study of the problems of space exploration. The paper considers Russia’s place in space activities at the level of global trends, in particular the transition from “Old space” to “New Space”, shows the problems of space, which is reflected in the rapid growth of scientific publications devoted to space issues, emphasizes commercialization as a growth driver of the space industry and market architecture changes, partially explores the covid-19 impact on current and future state of affairs in the space sector. In conclusion, the authors draw attention to the fact that the market of space technology has not yet fully formed due to a number of constraining factors.

Keywords: space, digital economy, uncertainty, industry, technology, potential, economic growth, market, specific asset.

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For citation:

Skryl T.V., Markov A.Yu. Problems of realizing the space industry’s potential in the process of digital economy formation. CITISE, 2021, no. 3, pp.96-105. DOI: http://doi.org/10.15350/2409-7616.2021.3.08