TOPIC: Globalisation » Economy » Research » Space Exploration
Category
quotes
Date
2007-09-17
Actor
Griffin, Michael D.
Source
NASA
Uploaded date
2010-06-09
Uploaded by

The Space Economy Benefits Us All

NASA opens new frontiers and creates new opportunities, and because of that [NASA] is a critical driver of innovation. We don't just create new jobs, we create entirely new markets and possibilities for economic growth that didn't previously exist. This is the emerging space economy, an economy that is transforming our lives here on Earth in ways that are not yet fully understood or appreciated. It is not an economy in space -- not yet. But space activities create products and markets that provide benefits right here on Earth, benefits that have arisen from our efforts to explore, understand, and utilize this new medium.
Michael D. Griffin
Former NASA Administrator, in a lecture series honoring the agency's 50th anniversary.

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