Abstract: The goal of this article lies in the analysis of main development trends of hi-tech production in various countries of the world, as well as in the theoretical substantiation of the vectors of research and development of the country due to the growing value of innovative products. The author explores the prerequisites of the relevance of growing importance of the development of hi-tech production for the national economies, particularly the increase of GDP and competitive recovery of the country at the global markets. The study determines the key aspects of the Fourth Industrial Revolution; as well as substantiates the need for regular monitoring of the indexes that reflect the state and level of development of the hi-tech industries worldwide. For positioning separate countries in the global technological space in relation to the key players within it, the author frames the correlation-regression model of weight of the portion of the hi-tech production in the GDP structure. The model ensures the possibility of forecasting changes of the contribution of hi-tech production in GDP of the country due to variation of indexes of the research and development activity. The author proposes the chain model for creation of  value of the hi-tech products considering the institutional means of assuring research and development advancement and ensuring execution of the functions of strategic management of the research and development advancement on different levels of management (international, national and local).