An Analytical Outlook Of The Commercial Space Industry For The Last Frontier: Potential Entrepreneurial Evaluation Of The African Space Sector

Oyedamola A. Asiyanbola, Imane El Khantouti, Abraham Akinwale, Kingsley Ahenkora-Duodu,Rayan Imam, Rania Toukebri, Joshit Mohanty

NEW SPACE-THE JOURNAL OF SPACE ENTREPRENEURSHIP AND INNOVATION(2021)

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摘要
The African continent is growing at a fast pace, and its economic pulse has heightened. However, there is a growing momentum within the community of researchers, businesses, and investors to make an overall survey and assessment of progress sustained in the African space industries as a whole. There is no debate on the fact that documentation is pivotal to every research progress. Thus far, poor documentation has been inimical to the growth of the African economy and also the African space industry. In collaborative efforts with the African Space Generation Advisory Council (SGAC) body, this article is an attempt at documenting progress, and it includes the analysis of the entrepreneurial outlook of some selected countries (Nigeria, Ghana, Morocco, Mauritius, Sudan, and Tunisia) in Africa. This study aims at sustaining the African economic drive by using a multimethod approach involving Gynawali and Fogel's "key dimensions of environments for entrepreneurship development," to understand the economic environment in those nations while incorporating the versatile national competitive advantage diamond model of Michael Porter. Comparisons can be drawn between African countries and member nations in BRICS (Brazil, Russia, India, China, and South Africa) to obtain a conclusion toward fueling the increasing space science and technological drive in Africa. Research is essential for industries and socioeconomic development in Africa-the Last Frontier, which remains a potential ground for global commercial space growth.
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关键词
target market assessment, African Space Agency (ASA), competitive advantage
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