This article was originally published at The Conversation. The publication contributed the article to Space.com's Expert Voices: Op-Ed & Insights.
To say space research is a waste of money is wrong. For every US$1 put into US space agency, its citizens get US$10 as payback; in Japan and the European Union that amount is more than US$3.
The growing private space industry is built around these government space programs and would not exist without them. The UKs annual US$500m contribution to the European Space Agency (ESA) has catalysed the formation of the fastest growing industry. Its private space industry contributes US$15.2 billion a year to the economy. Similarly, Japans US$2.3 billion into the Japan Aerospace Exploration Agency (JAXA) has enabled its private space industry to contribute US$31 billion.
Not only do space agencies pay for themselves directly, they create jobs and are boosting the global economy by US$300 billion annually through private industry.
The thousands of inventions and innovations spun out from space research have become an integral part of our daily life: weather forecasting, satellite television and communications, disaster relief, traffic management, agricultural and water management, and global positioning system (GPS), are but just a few.
As space research required bigger and bigger investment, the nature of international research changed. The space race became a space collaboration, which is symbolised by the International Space Station.
If nothing else, as Pete Worden, Centre Director of NASA Ames, told me, Space is cool. It inspires the new generation of kids.
The Apollo missions inspired a generation. The number of US graduates in the science, technology, engineering and maths (STEM subjects), from high-school through to PhD, has doubled. The relative growth rate since then has dropped drastically, even though the total number has gone up. Doubling a populations scientific literacy when it is living in a world so dependent on science and technology was a good move, and it slung the US into the dominant position it has stood in for the past five decades.
While they still inspire, some would say todays space agencies lack direction. Robert Zubrin, president of the Mars Society, said, Instead of pioneering new worlds like those explorers of the past, we have left our sailors in the harbour for half a century to see the health effects from doing so.
The average annual expenditure of NASA during the Apollo Era was US$23 billion in todays money. NASAs average spend in the last decade was US$17 billion. Even with similar budgets, the progress made in the last decade is simply not comparable to what was achieved in the 1960s.
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Space Research Pays for Itself, but Inspires Fewer People (Op-Ed)
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