Different fields of science from philosophy and institutional theory to theories of management, technological development and economics explore innovative transformations – mainly in terms of technical and institutional changes. However, since the relations concerning innovative transformations are meta-relations uniting the entire society and do not entirely fit into one of particular disciplines, it is necessary to create a unified meta-scientific theoretical and methodological basis for the theory of innovation development. This paper suggests an approach to the analysis of innovative transformations and shows that innovative development in the economy largely depends on the development effectiveness of the innovation development metasystem. The proposed model of the latter develops disciplines comprising a management component and involving innovative transformations in society. It can be used as a theoretical basis for analyzing the historical process and improving the innovative institutions that ensure the manageability and effectiveness of innovative processes.