Law as the most important factor determining the prospective development of cosmonautics

In a globalized world, states as subjects of space activities have to compete to attract investments, the best minds and transnational corporations, and the jurisdiction itself becomes one of the instruments of competition. The flexibility of the American legal system and its favor for private initiative have led the United States to overtake Russia in such an important sector of the modern high-tech industry as the private space industry. Russian space exploration requires a combination of serious deregulation aimed at lowering the entry threshold and filling legislative gaps that prevent the applicability of such institutional structures as public-private partnerships to space activities. The material is the text of a report at the I International Scientific and Practical Conference "Space Philosophy - Space Law - Space Activities: Trinity of Humanity's Space Breakthrough" (May 23, 2020).