Cyberspace is the nervous system of today's advanced economies, linking critical infrastructures across public and private institutions. The authors of this book comprehensively explore the many issues surrounding this unique system, including private sector cyber security investment decisions and implementation strategies, public policy efforts to ensure overall security, and government's role in the process. The authors draw primarily on case-based information and focused survey data to describe and critique the economic strategies and broad technical approaches that private sector organizations adopt to secure their information technology infrastructure. Based on an analysis of these strategies, they propose several public policy responses that go beyond those that have come from recent policy reports. These responses include the construction of a national database of reliable and cost-effective information suitable for benchmarking, and public research and development support for innovations and infrastructures. The authors discuss the goal of such efforts: to shift private investments toward more socially-optimal proactive levels and to develop standards and protocols to ensure a more effective use of cyber security technologies. The first systematic analysis of the economics of cyber security, this insightful book will be of great interest to private and public sector managers and strategists involved in cyber security, as well as academics and researchers in the fields of economics, management, information systems, systems engineering, political science, and public policy.

Using a cutting-edge structure, where a current description of the service sector and up-to-date case studies are compared and contrasted with innovative activity in manufacturing, this book contributes towards a better theoretical understanding of innovation in the U.S. service sector. The U.S. service sector is the largest sector in the U.S. economy and accounts for an increasingly significant share of U.S. gross domestic product, currently 68 percent. Both in the United States, as well as in other industrialized nations, the service sector is a dynamic component of economic activity and growth. As pervasive and economically important as the service sector is, innovative activity in service-sector firms remains somewhat of an enigma; it is not well understood and not well defined because it differs dramatically from the traditional model of innovation in manufacturing. Innovation in the U.S. Service Sector fills this void, placing emphasis on the United States, but with global relevance. It is essential reading for all students of business and management, economics and political science.

Using a cutting-edge structure, where a current description of the service sector and up-to-date case studies are compared and contrasted with innovative activity in manufacturing, this book contributes towards a better theoretical understanding of innovation in the U.S. service sector. The U.S. service sector is the largest sector in the U.S. economy and accounts for an increasingly significant share of U.S. gross domestic product, currently 68 percent. Both in the United States, as well as in other industrialized nations, the service sector is a dynamic component of economic activity and growth. As pervasive and economically important as the service sector is, innovative activity in service-sector firms remains somewhat of an enigma; it is not well understood and not well defined because it differs dramatically from the traditional model of innovation in manufacturing. Innovation in the U.S. Service Sector fills this void, placing emphasis on the United States, but with global relevance. It is essential reading for all students of business and management, economics and political science.

Escalating energy demand may be the most important issue facing the United States and the world today. There is little disagreement that research and development (R&D) is needed to develop new energy technologies for the future; however, there is less agreement over the specific research agenda to be pursued and how that agenda is funded. This book addresses the social importance of new energy technologies, illustrates policy-relevant applications of evaluation techniques and proposes new perspectives for a US energy investment strategy. Through detailed examples related to solar, geothermal, and vehicle technologies, the authors outline the need for robust evaluation methods to document social returns to taxpayers' R&D investments. They argue that such evaluations are necessary for the public sector to make rational decisions about the allocation of its scares resources. The evaluation methods considered involve developing alternative technology and market pathways from which the benefits of government research can be measured. Researchers and graduate students, policy makers involved in energy technology, and energy R&D program managers will all find much of value in this important and timely book.