Space science plays a role and brings impact to the society since the last 50 years and will keep providing return on investment to the country. Space technology is indeed a strategic sector with high potential of return (Subari & Hassan, 2016) where developed countries reap benefits from it. Space science is important in space programme, in the form of new knowledge that provides solution to the world problem such as the understanding of Earth-Sun relationship to tackle global climate change. Other than that, space science provides economic opportunities besides protecting humans from massive destruction against asteroid impact of super solar flare. This paper outlines the benefits of space science research and development (R&D) activities from the aspects of knowledge, economy, social or strategy while projecting future benefits.
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To Cite this Article: Asillam, M. F., & Subari, M. D. (2019). Evaluating the Economics Benefits of Space Science R&D. International Journal of Academic Research in Business and Social Sciences, 9(2), 932–948.
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