Johnny Ch LOK
Published: 2020-04-04
Total Pages: 123
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⦁What are the tangible social and economic benefits brought from space tourism?In most advanced economies space tourism or space resource exploitation industry is seen as an enabler that improves lives and helps to develop both economic and social spheres. Space industry economic can include these aspect: Application of space technology to space tourism navigation, meteorological forcasting and broadcast of on live television and internet connectivity to lesser-known applications, such as precision agriculture, transport, tracking, resource extraction and monitoring of utility networks.Additional application exists in the disaster monitoring and relif, insurance and military applications. Thus, data coming from satellites is important to all economic sectors, making the world a better and safer place.International space tourism experience would suggest that space travelling leisure businesses deliver value by providing a central point for academia industry , defence and foreign entities to collaborate among themselves and with government and to facilitate the flow of knowledge and capital.How can space tourism industry maximize the socio-economic benefits? In fact, our growing use of space derived data and systems is our growing dependence on a better and safer sapce planet, e.g. Moon or Mars and to provide space tourism safe services that space travelling service that space traveler all benefit from industry in telecommunication , health, transport , banking , security and climate change monitoring.The space tourism positive influence result is long term, the positive contribution to our quality of life is real. In other word, the world for space tourism leisure activities is changing the internationally space tourism sector is experiencing a profound revolution.In conclusion, space tourism leisure countries with historical leadership in space tourism have been under positive as a result of a tough financial environment leading to the definition of their space travelling technology priorities. In the meantime, new space entertainment travelling leaders, such as US, UK , even China, India have ambitions in space tourism through massive investments in the development of their capabilities in space travelling leisure business aspect.So, the future space travelling entertainment market is large, due to China and India both have many rich people and high income people, who expect to consume in space tourism leisure trip at least one time in their lifes. Consequently, worldwide space tourism entertainment industry players are rethinking their busines models and strategies as they experience discuptive innovations, competitive space tourism entertainment and new drivers impacting the spacecraft and any space entertainment facilities manufacturing on Moon or Mars planet, launch and space tourism entertainment related businesses. Thus, we can in fact in talk about a new space tourism business, in which more and more innovative applications of space tourism data are developed dependence on space tourism data in everyday life rises and increasing share of economic growth relies on the space tourism market both in terms of opportunity benefits , e.g. India and China spce tourism potential market development and any concern space tourism job creation to every countries. Hence, space tourism development can bring positive economic benefits to any countries.⦁What are the tangible social and economic benefits brought from space tourism?