Case Solution & Analysis for Capitalism’s Next Frontier: Competing in Outer Space (A) by Jean-Philippe Vergne, Ken Mark.
Complete Case details are given below :
Case Name : Capitalism’s Next Frontier: Competing in Outer Space (A)
Authors : Jean-Philippe Vergne, Ken Mark
Source : Ivey Publishing
Case ID : 9B16M053 / W16564
Discipline : General Management
Case Length : 18 pages
Plagiarism : NO (100% Original work)
Description for case is given below :
Several private startups, including Planetary Resources, SpaceX, and Deep Space Industries, had initiated plans to mine minerals in space. The ventures looked promising: an asteroid one kilometre in diameter contained, potentially, $20 trillion worth of industrial and precious metals. Governments had become involved in space exploration as well, with interests that ranged from projecting military power in space to claiming resources. The current legal framework surrounding space exploration was vague, but the United Nations Treaties and Principles on Outer Space recognized extraterrestrial resources as the “common heritage of humankind.” What should a privately funded venture company consider when developing a strategy for space exploration and mining? What would be the concerns of a senior government official or a representative from a global organization such as the United Nations? Are the concerns different for different countries?
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