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and economic dimensions), see A/CONF.151/26 (Vol. I); for section III (Strengthening the role of major groups) and section IV (Means of implementation), see A.CONF/151/26 (Vol. III). * For section II (Conservation and management of resources for development), see A/CONF.151/26 (Vol. II); for section III (Strengthening the role of major groups) and section IV (Means of implementation), see A/CONF.151/26 (Vol. III). * For section I (Social and economic dimensions), see A/CONF.151/26 (Vol. I); for section II (Conservation and management of resources for development), see A/CONF.151/26 (Vol. II).

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Introduction. Accelerated development of the smart industry based on the use of modern cyber-physical technologies, is the worldwide dominant trend that will determine the competitive positions of national economies in the upcoming years.Problem Statement. Ukraine needs to improve its readiness for accelerated development of the smart industry (industry 4.0), insofar as its conventional industry undergoes a crisis, while the new smart industry has not yet received due attention from the government.Purpose. To substantiate the measures for improving the readiness of the national industry for smart transformations in accordance with the current world trends in the development of cyber-physical production ecosystems.Materials and Methods. Comparing the ratings of Ukraine, some other countries, and the world as a whole by the groups of indicators «institutions», «technologies», and «economy» characterizing the readiness of the industry for smart transformations. Results. The industry of Ukraine has been established to retain, at least partially, its productive and innovative capabilities. The situation with the quality of basic economic institutions is more problematic. The toughest problems are a low overall level of the domestic economy development, and an unacceptable backlog in the development of R&D due to insufficient funding because of weak business demand for R&D products.Conclusions. In the complex of measures to improve the readiness of Ukrainian industry for smart transformations, the greatest attention should be paid to increasing the business demand for R&D products. This requires transforming the short horizon of business planning, because of adverse influence of political cycle, to the long one by creating long-term development institutions based on the principles of independent regulatory agencies. K e y w o r d s: smart industry, cyber-physical ecosystem, R&D, institution, and horizon of business planning.

Introduction. The Fourth industrial revolution and accelerated development of Industry 4.0 disruptive technologies are accompanied by the formation of new value creation networks and the redistribution of production facilities that partially return to advanced economies. Problem Statement. Processes of technological development and new value chains' formation are turbulent, so that some countries have taken lead in the sphere of technology, while others have become outsiders. Between them, new technology gaps are emerging or existing ones are changing, and this, in turn, has a critical impact on the development of national economies: productivity, job creation, profitability of businesses, employment, and population income. Purpose. To develop a framework for defining the concept and estimating the size of technology gaps between countries with different levels of industrial development in the context of the Fourth industrial revolution. Materials and Methods. Historical analysis of technology gap economic concepts, statistical analysis of indicators of economic and R&D development of world economies, economic and mathematical modeling of the cyber-physical technology life cycle. Results. Within the economic theory of the technology life cycle, an emendated concept of technology gap has been proposed. It is mainly related to jump transition from one technology curve to another. To assess the size of technology gaps, a logistic function has been proposed. It determines the relationship between labor productivity and capital/labor ratio taking into account the interdependence of physical and digital capital. Using this function, technology gaps between industrialized European economies and Ukraine, which manifest themselves as multiple lags in productivity, have been identified. Conclusions. In order to reduce the technology gaps between Ukraine and European countries, it is necessary to create a new, innovation-oriented business ecosystem that is formed in the course of gene-cultural-technological co-evolution and, above all, requires a set of measures to accelerate the development of Ukrainian R&D sphere, as well as related culture and institutions. K e y w o r d s : industrial revolution, technology gap, cyber-physical technology, technology curve, and business ecosystem.