Factor model of innovative development of the regions of the Republic of Kazakhstan

The article formulates a system of criteria for selecting factors of innovative development of regions for the Republic of Kazakhstan. Taking into account the specifics of the economy of Kazakhstan, the article highlights the factors of innovative development of its regions. It considers the indicators that improve the regional cluster in the Internet environment. These indicators are factors of innovative development of the region. Based on mathematical modeling, the research shows the relationship of these factors with the volume of production of innovative products. Due to the significant internal correlation between independent variables, the author carried out the normalization of volume and cost indicators of innovative development of regions, which makes it possible to cover a larger set of parameters under consideration, establish a causal relationship between the parameters under consideration, and based on this determine the directions of innovative development of regions. It was found that only large enterprises have sufficient funds to develop and create competitive mass-produced products. In Kazakhstan, the number of large enterprises capable of producing innovative products is limited, and their funds for the development and creation of innovative products are also limited. Therefore, in order to increase the volume of innovative products, Kazakhstan's large innovative enterprises need to cooperate with similar foreign enterprises, primarily Russian and Belarusian ones.