Socio-Economic Impact Analysis

1. ESA UNCLASSIFIED
SOCIO- ECONOMIC IMPACT ANALYSIS

2. ECONOMICS OF A CRISIS
(Brueghel the Elder, 1562)

3. European Space Agency

4. European Space Agency
(Space Capital, 2020)

5. European Space Agency
SOCIO-ECONOMIC IMPACT ANALYSIS - INDICATORS
Capital Generated Indicator
Financial & Human Capital
Revenue
Jobs
Exports
Investment Leverage
Addressable Market
Innovation & Intellectual Capital
Market & Product Innovation
Patents and Record of Invention
Network & Societal Capital
Extent of Value Chain
Value Creation
SDGs*
elia.montanari@esa.int

6. European Space Agency
→ FINANCIAL CAPITAL → HUMAN CAPITAL
> 5,900 FTE
~16 FTE/M€
Number of full time equivalents created and sustained.
€368M
ESA funding
€1.35B
X 3.7
Cumulated revenues generated from service and product sales over ~10 years.
32%
FEMALE
€971M
X 2.6
Raised in debt, equity and other grant over ~ 10 years
~ 45%
Export
> € 4B
Projected Revenues
89% SME
105 FEMALE
EXEC

7. European Space Agency
> 95% ACTIVITES INNOVATE
> 1,000 PATENTS
242 in 2020
→ INNOVATION & INTELLECTUAL CAPITAL

8. European Space Agency
> 60% ESA’s SDGs
Majority of SDGs related activities in ESA are ESA Space
Solutions
https://sdg.esa.int/
→ NETWORK & SOCIETAL CAPITAL

9. European Space Agency

10. European Space Agency

11. European Space Agency

12. European Space Agency

13. European Space Agency

14. → DIVING DEEPER INTO UN-SDG AND BIC !
https://osf.io/smu53/

15. → MEASURING MACRO-ECONOMIC IMPACT
Time

16. → … WHEN IT IS NOT OBVIOUS
Time

17. → ESA BIC DRIVES GROWTH OF SMES
 Significant impact of +1.33%
10
10.5
11
11.5
12
12.5
13
13.5
14
14.5
15
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Small-scaleindustriesintotalindustry(%)
SDG Indicator 9.3.1: Proportion of small-scale industries in total industry value added (%)
Countries within ESA BIC
network
Countries outside ESA BIC
network