Business View of Smart Vehicle‐Highway Control Systems

Abstract

Nontechnical concerns must be overcome before investors will give serious consideration to the large expenditures required for the development of smart vehicle‐highway control systems. The most important step would be the development of joint public‐private initiatives to create incentives for the U.S. industry to actively pursue research and development of these (and other) socially beneficial products. Fortunately, there is increasing evidence that these concerns will be addressed and that in due time the nation will be able to take advantage of smart vehicle‐highway systems.