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Published:25 May 2008
Author:
Origin:Originally presented at Plenary Session of the International Academy of Astronautics' 1st Symposium on Private Human Access to Space, held at Arcachon in France, 25-28 May 2008.
Abstract:The authors argue that the creation of a popular new industry of passenger space travel could be economically and socially very beneficial in creating new employment in aerospace and related fields in order to supply these services. In doing so, the application of nearly a half-century of technological development that has yet to be used commercially could create many new aerospace engineering business opportunities. In addition, by growing to large scale, space tourism has unique potential to reduce the cost of space travel sharply, thereby making many other activities in space feasible and profitable. The paper discusses the scope for new employment, stimulating economic growth, reducing environmental damage, sustaining education particularly in the sciences, stimulating cultural growth, and preserving peace by eliminating any need for "resource wars".
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Keywords:Habitat:Economics , Habitat:Environment , Habitat:Culture , Habitat:Policy
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