Abstract
In the age of technology, the role of innovation is increasing, the development of which depends on financial investments, which indicates a close relationship between investment and innovation. In this regard, the authors conducted a correlation and regression analysis, which helped to determine the factors influencing innovation activity on the example of the regions of Kazakhstan. As a result of modeling, a high degree of influence on innovation activity was determined by factors such as investment in innovation, as well as the number of created and used innovation facilities. The regression model was tested on the indicators of Almaty, which made it possible to make predictions.