The writer is a former senior researcher at Harvard Business School’s Institute for Strategy and Competitiveness
Space agencies are having a bad month.
First came a damning report from the US National Academies of Sciences, Engineering and Medicine, which sounded alarm bells for the future of Nasa. Then former European Central Bank chief Mario Draghi published his report on European competitiveness, which expressed deep concern for the European Space Agency.
At least the US is still the world’s leader in space. Europe, on the other hand, is classified as a “spacefaring nation”, but not a global “space power”, according to a 2019 report by the European Space Policy Institute. It has a high level of capacity but low ability to execute.
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