Summary 

Georgia has a high potential in the area of innovation and entrepreneurship. Our task is to fully integrate this potential in the process of economic and technological development of the country. Therefore, the development of entrepreneurship in the sphere of innovations is especially important, since the scientific and technological product has high consumer qualities. It should be noted that compared with large enterprises, small enterprises have a higher ability to adopt innovations.

The main objectives of the development of innovative activities of entrepreneurs are:

• the formation of organizational and economic mechanisms and incentives that ensure the creation of new small and medium-sized enterprises, the establishment and development of innovation centers - market structures of the innovation system.
• attraction and concentration of financial resources in the priority direction of development of the innovation system

Directions for the development of innovative entrepreneurship are: development of innovation policy of the country; processing and research development; personnel training for innovative activities; informational support to innovative entrepreneurship; consulting support to innovative entrepreneurship; promoting innovative products on the market; providing investment for the implementation of innovative projects; infrastructure support for innovation projects; international science, technology and innovation partnership.