Abstract: The object of the research in this article is the innovative-based technological development of economy of the Far North constituents. The subject of the research is peculiarities of economic development in the Republic of Sakha (Yakutia) during the transition to the sixth technological order. The aim of this work is to identify possible structural elements of the sixth technological order (the key factors-carrying sector of the regional economy) on the basis of analyzing theoretical and methodological grounds of formation and development of the technological structure as well as regional characteristics and the current state of innovation-technological development of the region.The research methodology is the factor analysis of statistical indicators. The authors of the article give an analytical review of the methodologies described by foreign and domestic scientists and economists. They also describe the regional peculiarities of Sakha and the basic indexes characterizing the level of the innovative-based technological development in the Republic of Sakha (Yakutia). It is shown that these indicators over the period 2005-2015 in general have a positive linear trend which indicates the prospects of further development of economy of the Republic on the basis of using innovation and technology. As an example, the authors give an analysis and assessment of the development of the information technology industry in the Republic of Sakha (Yakutia) up to 2030. The authors also outline the possible structure elements of the new technological order and emphasizes the need to improve educational programs for training and retraining of specialists adapted to work in the industries of the sixth technological order.