This paper shortly reviews the theories about innovation and evaluates the ingredients and perspectives of\ndevelopment of innovation policy in Kazakhstan. In the period of implementation of new economic reforms, Kazakhstan\nfocused on extraction and export of natural resources. During realization of state programs, many innovation projects\nfail. Therefore, paper aims to investigate the main barriers and perspectives by providing policy recommendations for\nGovernment of Kazakhstan. In the period of further privatization of state organizations in Kazakhstan and globalization\ntrends, the paper demonstrate a strong necessity for changes in present innovation programs. Understanding that a\nmarket capacity for innovation in Kazakhstan is limited, the paper aims to focus on ideas of export-oriented innovations.
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