The article is devoted to development of a method for economic evaluation of innovative development. An economic projecting of innovative state has been completed. Theoretical structure of innovative state of the economy has been built, including at the “Entrance” such factors as scientific research and implementation of their results into production, and at the “Output” is the volume of innovative goods, works, services. An economic and mathematical model of Russia’s innovative development has been developed. An apparatus of production function and methodology for evaluating of innovative development of the economy is substantiated. The developed methodical set of instruments for regulating effectiveness of innovative development of the economy, including a tessitura, establishing consistent patterns and ensuring its forecasting, serves as a basis for choosing of directions of an economy’s restructuring. The obtained results of the research together constitute a technique for evaluating of innovative development at an economy level. On this basis, the developed method for economic evaluating of innovative development consists in an evaluation of effectiveness of expenses of scientific research and evaluation of effectiveness of expenses for implementation their results into production, as well as determining their contribution to the rates of increase of innovative goods, works, and services.
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