Abstract
In the article the author substantiated an actuality of the research topic, showing the importance of dynamic development of innovation sphere and revealing the connection of Global Index of Human development with Global Index of Competitiveness and Global Index of Innovations as well. The dynamics of the main innovation indicators of the Republic of Kazakhstan from 2013 to 2018 and its innovation potential are analysed. Dynamics of Global Innovation Index of RK is done by 80 indicators, highlighting 2 main sub-indicators the index of resources and conditions for innovation and the index of results achieved in innovation and 7 main positions like institutions, human capital and researches, infrastructure, market development level, business level, knowledge and technological results, creative output. By each of components was determined strong and weak positions of Kazakhstan’s Innovation Rating, in comparison with other countries leaders of the rating. The author emphasizes that the analysis of innovation activities of the countries leading in the world ranking clearly demonstrates an increase in expenditures on research and development, which can ensure GDP growth in the long term. The weak point of Kazakhstan in the rating is the average research and development expenditures of the world's three largest companies, absence of venture capital funds, and a significant technological lag behind the countries leading in the rating. The investment position of Kazakhstan in the global competitiveness ranking is studied, the prospects of development of innovative potential of Kazakhstan, the proposals and recommendations that, in the opinion of the author, can help to raise the innovation rating of the Republic are given.