The peculiarities of territories’ spatial development under the conditions the new industrial revolution

Abstract

Purpose: the study aims to work out a complex of measures oriented on regions’ adjustment to the modern industry’s new circumstances and the implementation of technological innovations under the conditions of the coming Industrial Revolution. Discussion: the research is based on the general scientific methodology that presumes systemic approach towards the defined problem-solving. Methods of empirical investigation (examination, comparison, data collection and investigation) are implemented together with current and perspective analysis, the synthesis of theory and practice are used. Results: the holistic system made up of different elements of social environment and high-tech production that tends to self-development and quick adjustment to new circumstances is to become the core of territories’ spatial development in the context of advanced industrial transformations. To guarantee the country’s economic development by means of new technologies and industries it is vital to overcome «digital gap» via favorable climate creating that enables the investment increase in digital technologies. Besides, it is necessary to modify laws regulating companies’ competition, their staff competence in line with the new economy demands which can stimulate the entrepreneurial inflow in the existing fields of activities. A special emphasis is to be made on the leading regions that by means of their resource potential are capable to ensure the qualitative breakthrough in the sphere of high technologies and create a solid basis for production modernization and the country’s innovation development on the whole.