Abstract
The article deals with modern institutional tools for supporting the industrial development of Ukraine. The problems and advantages of industrial sector development are identified in this manuscript. Particular attention is given to identifying priority sectors of the economy as a driving force for the development of Industry 4.0 and the conditions of financial, legislative and technical support. Algorithm for implementing strategic industrial priorities and tools for regulating industrial development in Ukraine are proposed by authors. Keywords: institutional tools, Industry 4.0, industrial development, smart regulation
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