Operations in Space: Exploring a New Industry

Wooten, Joel O.; Tang, Christopher S.

doi:10.1111/deci.12312

Cited by 21 publications

(18 citation statements)

References 48 publications

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“…As a result of the increasing demand for communication satellites to meet the needs of television providers, telephone services and global positioning data applications, a small number of commercial applications emerged. The increasing demand for space activities combined with more cost-conscience government space agencies led to more cooperation between governmental space agencies and private entities (Wooten and Tang, 2018).…”

Section: Background Of Space Economymentioning

confidence: 99%

“…, 2008; Blount and Robison, 2016). Thanks to the rapidly declining costs of relevant technologies, there exists a booming space industry that produces things going into outer space, such as satellites and rockets (Wooten and Tang, 2018). As the various types of space activities have increased, a broader concept of space economy has emerged that encompasses all products and services involved in exploring and utilizing outer space.…”

Section: Introductionmentioning

confidence: 99%

“…For example, considering that the fossil resources on Earth are depleting at a very high speed (estimated to be used up by 2050), many countries are trying to explore appropriate alternative resources in outer space to replace fossil resources on Earth (Babiker et al, 2008;Blount and Robison, 2016). Thanks to the rapidly declining costs of relevant technologies, there exists a booming space industry that produces things going into outer space, such as satellites and rockets (Wooten and Tang, 2018). As the various types of space activities IMDS 123,2 616 Funding: Generous financial support was provided by the National Natural Science Foundation of China [grant numbers 71872061] and the Key Program of NSFC-FRQSC Joint Project (NSFC No.…”

Section: Introductionmentioning

confidence: 99%

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Space economy: a new frontier of information systems, analytics and digital commerce

Lei

Guo

et al. 2022

IMDS

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PurposeThe space industry has experienced rapid development over the last few years. Activities such as building things in space, learning about our Earth and exploring outer space are satisfying people's fantasies and achieving humanity's ambitions. Such activities have also generated many issues that belong to several information systems (IS) research domains. In this article, the authors discuss the challenges and opportunities associated with the space economy.Design/methodology/approachThe authors discuss why the emerging space economy opens a new frontier of e-commerce and data analytics. Linking three important IS research areas (i.e. digital commerce, data analytics and information security) to the space economy, this study motivates scholars to pay close attention to this promising new frontier for IS research.FindingsThe authors identify new research opportunities within several IS research contexts (digital commerce, data analytics and information security). The authors highlight the potential for opening a robust, interdisciplinary field in the IS domain that could provide valuable insights for practitioners and academics.Originality/valueBecause of the unique characteristics of the space economy, this article presents some promising avenues, research opportunities and implications for several IS fields (digital commerce, data analytics, decision science, information sharing and information security and new business models). Indeed, many opportunities are interdisciplinary in scope, with overlaps occurring between IS and other disciplines.

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Section: Background Of Space Economymentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Space economy: a new frontier of information systems, analytics and digital commerce

Lei

Guo

et al. 2022

IMDS

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“…His paper focusses on the latter challenges. Wooten and Tang (2018) suggest four unique grand challenges for a prosperous space economy to overcomeextreme distances, gravity, inhospitable environments and information availability. Each unique factor is present in varying amounts depending on the accounting issue to address (Alewine, 2020).…”

Section: Space For Accounting and Accountabilitymentioning

confidence: 99%

Space for accounting and accountability: realising potential management accounting research contributions to the space sector

Tucker

Alewine

2021

AAAJ

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PurposeThe contribution of accounting research to the space sector has arguably been less discernible, less visible and less appreciated than that made by STEM disciplines. This paper aims to ascertain the nature and extent to which management accounting can contribute to interdisciplinary advancements of the space sector. This is accomplished by investigating possible contributions realised by management accounting research to the space sector and identifying the opportunities and challenges facing interdisciplinary accounting researchers in making a contribution.Design/methodology/approachThis qualitative empirical study draws on interviews with 25 academic researchers and practitioners from Australia, the USA, the UK, Canada, Europe, India and China, with research or practitioner experience on accounting issues germane to the space sector. The purpose is to seek their perceptions of how interdisciplinary management accounting research can solve contemporaneous problems in the space sector.FindingsThe potential contribution that management accounting research can make in the space sector is grounded in the inherent interdisciplinary of the discipline. The propensity to draw on other disciplines, theories, methodologies and methods is a strength of management accounting, as it is arguably by such interdisciplinarity that “wicked problems’ such as those presented by space exploration, policy and research can be solved.Originality/valueThis is one of the first papers to explore the role and contribution management accounting research can offer to what has traditionally been a STEM-dominated field. In so doing, it underscores the central importance and value-added by an interdisciplinary approach to management accounting research.

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“…Designing space services is complex and technology-driven, and the cost of lead items and resupply pose a challenge. However, the industry is fueled by the public demand and the intervention of private sector in manufacturing the space equipment, coordinating the growing number of entities, and applying a new collaborative method (Wooten & Tang, 2018). The demand for orbital and suborbital space travel is forecasted to increase up to USD 214,94 billion by 2030 (Hurley, 2022); greater the demand, greater the preservation potential of that innovation (Danov, 2020).…”

mentioning

confidence: 99%

Psychology of space tourism marketing, technology, and sustainable development: From a literature review to an integrative framework

Mehran

Han

2023

Psychology and Marketing

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Space tourism, a niche segment of the aviation industry, has radically altered the private sector. A noticeable trend in this market has been the development of commercial space with numerous start-ups and ventures underway. Adopting a concept-driven approach, we conduct a hybrid review to sketch the emerging market areas in space tourism and provided insights into tourists' behavioral responses. Our results are supplemented by an analysis of public viewpoints on space-faring to gauge their alignment with academic views on space tourism. We also develop an integrative framework to elucidate how personality interacts with scenario to influence the feelings, thoughts, and behaviors of space tourists and their responses toward space tourism. We recognize critical gaps in previous literature and propose the following recommendations to guide future research: 1) Conceptualization of travel services and tourism typology in the new space market; 2) theoretical contribution on pragmatic and semantic levels; 3) need for empirical and multi-disciplinary studies; 4) investigating the role of ethical issues on bilateral arguments toward commercialized space tourism; 5) integrating stakeholders' perspectives to maximize the socioeconomic impacts of space tourism and environmental sustainability; 6) media platforms and application of new technologies; and 7) role of scientific journals in knowledge enhancement.

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Operations in Space: Exploring a New Industry

Cited by 21 publications

References 48 publications

Space economy: a new frontier of information systems, analytics and digital commerce

Space economy: a new frontier of information systems, analytics and digital commerce

Space for accounting and accountability: realising potential management accounting research contributions to the space sector

Psychology of space tourism marketing, technology, and sustainable development: From a literature review to an integrative framework

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