The monograph is devoted to the study and formation of the foundations for creating promising high-tech products in the context of the digital transformation of the global economic system. It discusses the basics of ensuring the competitiveness of high-tech products in the digital age based on new management tools arising from the application of new technologies of the fourth industrial revolution, such as big data, the Internet of things, virtual and augmented reality, 3D printing, quantum computing, autonomous robots, brain-computer technology, etc. The book provides practical recommendations on managing the processes of creating promising high-tech products using modern methodological approaches aimed at solving the problem of the product design at a given cost and competitiveness in the market with the use of modern digital solutions and intelligent methods of selecting the most promising innovative solutions. The monograph has the practical value for a wide range of readers, both economists and practitioners - top managers of industrial companies.