2017 | OriginalPaper | Chapter
5. Private Commercial Space Enterprises and Global Governance System
Authors : Ram S. Jakhu, Joseph N. Pelton
Published in: Global Space Governance: An International Study
Publisher: Springer International Publishing
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Abstract
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What is the nature of the increasing role for private commercial space enterprises in every aspect of outer space activities?
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Are the existing mechanisms of global space governance compatible with the increasing trend of space commercialization? What are the legal and policy hindrances that adversely affect commercial space operations?
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Given the increased participation by private enterprises in all space activities, what is the best way to regulate (public and private law) issues such as liability, change of ownership, response to emergencies, exercise of jurisdiction and control, and financing?
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What is the best way of balancing the commercial considerations against the issues of equitable and effective global space governance?