[gentle music] Throughout the world, governmental entities decide who can use spectrum and for what purposes, along with when and where entities can transmit radio signals.
In virtually every country, there are no property rights for spectrum use.
But could a system based on private property rights better optimize productivity than the current system of government-directed decisions? [gentle music] Hi, I'm Clayton Swope, Deputy Director of the Aerospace Security Project and a senior fellow in the Defense and Security Department.
And I'm here to talk about my recent report, Injecting the Free Market into Spectrum Use for Space Applications.
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