Abstract
Abstract. This article describes the importance of developing high technology and a competitive economy in Kazakhstan, as well as the significance of improving business processes and mechanisms to achieve this goal. The success of enterprises depends on the right strategy, competent leadership, the availability of resources and markets, and efficient business processes. The authors discuss the role of innovation in increasing turnover and production growth of enterprises in the modern world. They emphasize the need to quickly adapt production programs to changing customer demands and short product life cycles. Special attention is given to the complexity of assessing the beneficial effect of innovations, and two evaluation criteria are presented: the minimum cost criterion and the integrated quality indicator of innovations. It also mentions the use of expert or statistical methods when it is impossible to establish a quantitative relationship between quality indicators and costs. In addition, the article describes the establishment of a relationship between costs and comprehensive indicators of technical level and economic efficiency using correlation and regression modeling. A methodology is proposed, including traditional normative approaches and the "cost-effectiveness" method. Keywords: foreign economic relations, competitiveness, national economy, innovations, efficiency, quality, technology.