diff --git a/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api.pxd b/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api.pxd
index e7d4f2c85a7..d063799b609 100644
--- a/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api.pxd
+++ b/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api.pxd
@@ -39,7 +39,7 @@ cdef class InferRequest:
     cpdef get_perf_counts(self)
     cdef void user_callback(self, int status) with gil
     cdef public:
-        _inputs_list, _outputs_list, _py_callback, _py_data, _py_callback_used, _py_callback_called, _user_blobs
+        _inputs_list, _outputs_list, _py_callback, _py_data, _py_callback_used, _py_callback_called, _user_blobs, _inputs_is_dynamic
 
 cdef class IENetwork:
     cdef C.IENetwork impl
diff --git a/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api.pyx b/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api.pyx
index 944557084e9..314ce2300a2 100644
--- a/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api.pyx
+++ b/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api.pyx
@@ -29,7 +29,6 @@ from .constants import WaitMode, StatusCode, MeanVariant, layout_str_to_enum, fo
 
 import numpy as np
 
-
 warnings.filterwarnings(action="module", category=DeprecationWarning)
 
 cdef extern from "<utility>" namespace "std" nogil:
@@ -53,6 +52,11 @@ cdef c_map_to_dict(map[string, string] c_map):
     return py_dict
 
 
+cdef expand_dims_to_corresponding_layout(shape, layout):
+    single_axes = [1] * (len(layout) - len(shape))
+    return single_axes + list(shape)
+
+
 def get_version():
     return C.get_version().decode()
 
@@ -271,6 +275,10 @@ cdef class Blob:
         tensor_desc = TensorDesc(precision, dims, layout_int_to_str_map[layout])
         return tensor_desc
 
+    def set_shape(self, new_shape):
+        self._initial_shape = new_shape
+        deref(self._ptr).setShape(new_shape)
+
 ## This class represents an Inference Engine entity and allows you to manipulate with plugins using unified interfaces.
 cdef class IECore:
     ## Class constructor
@@ -815,6 +823,14 @@ cdef class DataPtr:
     def initialized(self):
         return deref(self._ptr).isInitialized()
 
+    @property
+    def is_dynamic(self):
+        return deref(self._ptr).isDynamic()
+
+    ## get capsule with ngraph::PartialShape
+    def _get_partial_shape_capsule(self):
+        return C.getPartialShape_capsule(self._ptr)
+
 
 ## This class is the layer constant data representation. Provides same interface as DataPtr object except properties setters
 cdef class CDataPtr:
@@ -843,6 +859,14 @@ cdef class CDataPtr:
     def initialized(self):
         return deref(self._ptr).isInitialized()
 
+    @property
+    def is_dynamic(self):
+        return deref(self._ptr).isDynamic()
+
+    ## get capsule with ngraph::PartialShape
+    def _get_partial_shape_capsule(self):
+        return C.getPartialShape_capsule(self._ptr)
+
 
 ## This class represents a network instance loaded to plugin and ready for inference.
 cdef class ExecutableNetwork:
@@ -912,6 +936,8 @@ cdef class ExecutableNetwork:
                     infer_request.impl = &(deref(self.impl).infer_requests[i])
                 infer_request._inputs_list = list(self.input_info.keys())
                 infer_request._outputs_list = list(self.outputs.keys())
+                for input_name in infer_request._inputs_list:
+                    infer_request._inputs_is_dynamic[input_name] = self.input_info[input_name].input_data.is_dynamic
                 self._infer_requests.append(infer_request)
 
         if len(self._infer_requests) != c_infer_requests_size:
@@ -1048,6 +1074,7 @@ cdef class InferRequest:
         self._py_callback_used = False
         self._py_callback_called = threading.Event()
         self._py_data = None
+        self._inputs_is_dynamic = {}
 
     cdef void user_callback(self, int status) with gil:
         if self._py_callback:
@@ -1308,6 +1335,9 @@ cdef class InferRequest:
     def _fill_inputs(self, inputs):
         for k, v in inputs.items():
             assert k in self._inputs_list, f"No input with name {k} found in network"
+            if self._inputs_is_dynamic[k]:
+                shape = expand_dims_to_corresponding_layout(v.shape, self.input_blobs[k].tensor_desc.layout)
+                self.input_blobs[k].set_shape(shape)
             if self.input_blobs[k].tensor_desc.precision == "FP16":
                 self.input_blobs[k].buffer[:] = v.view(dtype=np.int16)
             else:
@@ -1452,15 +1482,25 @@ cdef class IENetwork:
     #  net.reshape({input_layer: (n, c, h*2, w*2)})
     #  ```
     def reshape(self, input_shapes: dict):
-        cdef map[string, vector[size_t]] c_input_shapes
-        cdef vector[size_t] c_shape
+        cdef map[string, vector[vector[int64_t]]] c_input_shapes
+        cdef vector[vector[int64_t]] c_shape
+        cdef vector[int64_t] dim
         net_inputs = self.input_info
         for input, shape in input_shapes.items():
             c_shape = []
             if input not in net_inputs:
                 raise AttributeError(f"Specified '{input}' layer not in network inputs '{net_inputs}'! ")
             for v in shape:
-                c_shape.push_back(v)
+                if isinstance(v, list) or isinstance(v, tuple):
+                    if len(v) < 1 or len(v) > 2:
+                        raise ValueError(f"Incorrect PartialShape dimension definition '{v}' "
+                                         f"in shape '{shape}', expected one or two values for a dimension! ")
+                    for d in v:
+                        dim.push_back(d)
+                else:
+                    dim.push_back(v)
+                c_shape.push_back(dim)
+                dim.clear()
             c_input_shapes[input.encode()] = c_shape
         self.impl.reshape(c_input_shapes)
 
diff --git a/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api_impl.cpp b/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api_impl.cpp
index 7aa289377d2..21ba2b7dbe5 100644
--- a/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api_impl.cpp
+++ b/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api_impl.cpp
@@ -4,6 +4,8 @@
 
 #include "ie_api_impl.hpp"
 
+#include <ngraph/partial_shape.hpp>
+
 #include "ie_iinfer_request.hpp"
 #include "ie_plugin_config.hpp"
 
@@ -206,6 +208,24 @@ InferenceEnginePython::IENetwork InferenceEnginePython::read_network(std::string
     return InferenceEnginePython::IENetwork(std::make_shared<InferenceEngine::CNNNetwork>(net));
 }
 
+PyObject* InferenceEnginePython::getPartialShape_capsule(InferenceEngine::CDataPtr data) {
+    const char* py_capsule_name = "ngraph_partial_shape";
+    auto ngraph_pShape_ptr = std::make_shared<ngraph::PartialShape>(data->getPartialShape());
+    auto* sp_copy = new std::shared_ptr<const ngraph::PartialShape>(ngraph_pShape_ptr);
+    auto sp_deleter = [](PyObject* capsule) {
+        auto* capsule_ptr = PyCapsule_GetPointer(capsule, "ngraph_partial_shape");
+        auto* function_sp = static_cast<std::shared_ptr<ngraph::PartialShape>*>(capsule_ptr);
+        if (function_sp) {
+            delete function_sp;
+        }
+    };
+    if (ngraph_pShape_ptr) {
+        return PyCapsule_New(sp_copy, py_capsule_name, sp_deleter);
+    } else {
+        return nullptr;
+    }
+}
+
 InferenceEnginePython::IENetwork::IENetwork(const std::shared_ptr<InferenceEngine::CNNNetwork>& cnn_network)
     : actual(cnn_network) {
     if (actual == nullptr)
@@ -289,8 +309,21 @@ size_t InferenceEnginePython::IENetwork::getBatch() {
     return actual->getBatchSize();
 }
 
-void InferenceEnginePython::IENetwork::reshape(const std::map<std::string, std::vector<size_t>>& input_shapes) {
-    actual->reshape(input_shapes);
+void InferenceEnginePython::IENetwork::reshape(
+    const std::map<std::string, std::vector<std::vector<int64_t>>>& input_shapes) {
+    std::map<std::string, ngraph::PartialShape> inputShapes;
+    for (auto const& input : input_shapes) {
+        using ngraph::Dimension;
+        std::vector<Dimension> dims;
+        for (auto const& d : input.second) {
+            if (d.size() == 1)
+                dims.push_back(Dimension(d[0]));
+            else if (d.size() == 2)
+                dims.push_back(Dimension(d[0], d[1]));
+        }
+        inputShapes[input.first] = ngraph::PartialShape(dims);
+    }
+    actual->reshape(inputShapes);
 }
 
 InferenceEnginePython::IEExecNetwork::IEExecNetwork(const std::string& name, size_t num_requests)
diff --git a/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api_impl.hpp b/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api_impl.hpp
index 4823b52287c..028bbd3ad74 100644
--- a/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api_impl.hpp
+++ b/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api_impl.hpp
@@ -62,7 +62,7 @@ struct IENetwork {
 
     const std::map<std::string, InferenceEngine::DataPtr> getOutputs();
 
-    void reshape(const std::map<std::string, std::vector<size_t>>& input_shapes);
+    void reshape(const std::map<std::string, std::vector<std::vector<int64_t>>>& input_shapes);
 
     void serialize(const std::string& path_to_xml, const std::string& path_to_bin);
 
@@ -203,4 +203,6 @@ std::string get_version();
 
 InferenceEnginePython::IENetwork read_network(std::string path_to_xml, std::string path_to_bin);
 
+PyObject* getPartialShape_capsule(InferenceEngine::CDataPtr data);
+
 };  // namespace InferenceEnginePython
diff --git a/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api_impl_defs.pxd b/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api_impl_defs.pxd
index 103c8d77d53..9f60f536257 100644
--- a/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api_impl_defs.pxd
+++ b/inference-engine/ie_bridges/python/src/openvino/inference_engine/ie_api_impl_defs.pxd
@@ -23,6 +23,7 @@ cdef extern from "<inference_engine.hpp>" namespace "InferenceEngine":
         const CTensorDesc& getTensorDesc()  except +
         size_t element_size()  except +
         void allocate()
+        void setShape(const SizeVector& dims) except +
 
     cdef TBlob[Type].Ptr make_shared_blob[Type](const CTensorDesc& tensorDesc)
 
@@ -47,6 +48,7 @@ cdef extern from "<inference_engine.hpp>" namespace "InferenceEngine":
         const Layout getLayout() except +
         void setLayout(Layout layout) except +
         const bool isInitialized() except +
+        bool isDynamic() except +
 
     ctypedef shared_ptr[Data] DataPtr
     ctypedef weak_ptr[Data] DataWeakPtr
@@ -178,7 +180,7 @@ cdef extern from "ie_api_impl.hpp" namespace "InferenceEnginePython":
         size_t getBatch() except +
         void setLayerParams(map[string, map[string, string]] params_map) except +
         void serialize(const string& path_to_xml, const string& path_to_bin) except +
-        void reshape(map[string, vector[size_t]] input_shapes) except +
+        void reshape(map[string, vector[vector[int64_t]]] input_shapes) except +
         object getFunction() except +
         void convertToOldRepresentation() except +
         string getOVNameForTensor(const string &) except +
@@ -226,3 +228,5 @@ cdef extern from "ie_api_impl.hpp" namespace "InferenceEnginePython":
     cdef string get_version()
 
     cdef IENetwork read_network(string path_to_xml, string path_to_bin)
+
+    cdef object getPartialShape_capsule(DataPtr)
diff --git a/inference-engine/ie_bridges/python/tests/conftest.py b/inference-engine/ie_bridges/python/tests/conftest.py
index c19f8bc1716..f0e5059d040 100644
--- a/inference-engine/ie_bridges/python/tests/conftest.py
+++ b/inference-engine/ie_bridges/python/tests/conftest.py
@@ -3,6 +3,7 @@
 
 import os
 import pytest
+import numpy as np
 
 
 def model_path(is_myriad=False):
@@ -41,7 +42,19 @@ def device():
 
 
 def pytest_configure(config):
-    # register an additional marker for ngraph dependent tests
+    # register an additional markers
     config.addinivalue_line(
         "markers", "ngraph_dependent_test"
     )
+    config.addinivalue_line(
+        "markers", "template_plugin"
+    )
+
+
+def create_ngraph_function(inputShape):
+    import ngraph as ng
+    inputShape = ng.impl.PartialShape(inputShape)
+    param = ng.parameter(inputShape, dtype=np.float32, name="data")
+    result = ng.relu(param, name='out')
+    function  = ng.Function(result, [param], "TestFunction")
+    return function
diff --git a/inference-engine/ie_bridges/python/tests/test_Blob.py b/inference-engine/ie_bridges/python/tests/test_Blob.py
index b1074c4ef94..cd2a48a2724 100644
--- a/inference-engine/ie_bridges/python/tests/test_Blob.py
+++ b/inference-engine/ie_bridges/python/tests/test_Blob.py
@@ -121,3 +121,34 @@ def test_buffer_values_after_add_outputs(device):
     result = exec_net.infer(feed_dict)
     assert np.all(abs(result[output_layer])<30)
     assert result[output_layer].dtype == np.float16
+
+
+def test_set_shape():
+    tensor_desc = TensorDesc("FP32", [1, 3, 127, 127], "NHWC")
+    blob = Blob(tensor_desc)
+    blob.set_shape([1, 4, 128, 128])
+    assert blob.tensor_desc.dims == [1, 4, 128, 128]
+    assert blob.buffer.shape == (1, 4, 128, 128)
+
+    array = np.ones([1, 3, 127, 127], dtype=np.float32)
+    blob = Blob(tensor_desc, array)
+    blob.set_shape([1, 4, 128, 128])
+    assert blob.tensor_desc.dims == [1, 4, 128, 128]
+    assert blob.buffer.shape == (1, 4, 128, 128)
+
+
+@pytest.mark.ngraph_dependent_test
+@pytest.mark.template_plugin
+def test_blob_set_shape_after_async_infer():
+    from conftest import create_ngraph_function
+    import ngraph as ng
+    function = create_ngraph_function([ng.Dimension(0,5), ng.Dimension(4), ng.Dimension(20), ng.Dimension(20)])
+    net = ng.function_to_cnn(function)
+    ie_core = IECore()
+    ie_core.register_plugin("templatePlugin", "TEMPLATE")
+    exec_net = ie_core.load_network(net, "TEMPLATE")
+    request = exec_net.requests[0]
+    request.async_infer({"data": np.ones([4, 4, 20, 20])})
+    with pytest.raises(RuntimeError) as e:
+        request.input_blobs['data'].set_shape([3, 4, 20, 20])
+    assert "REQUEST_BUSY" in str(e.value)
diff --git a/inference-engine/ie_bridges/python/tests/test_CDataPtr.py b/inference-engine/ie_bridges/python/tests/test_CDataPtr.py
index d81dd46a5cc..4969aba4a5c 100644
--- a/inference-engine/ie_bridges/python/tests/test_CDataPtr.py
+++ b/inference-engine/ie_bridges/python/tests/test_CDataPtr.py
@@ -56,3 +56,21 @@ def test_initialized(device):
     net = ie.read_network(model=test_net_xml, weights=test_net_bin)
     exec_net = ie.load_network(net, device, num_requests=5)
     assert exec_net.outputs['fc_out'].initialized, "Incorrect value for initialized property for layer 'fc_out"
+
+
+@pytest.mark.ngraph_dependent_test
+@pytest.mark.template_plugin
+def test_is_dynamic():
+    from conftest import create_ngraph_function
+    import ngraph as ng
+    function = create_ngraph_function([-1, 3, 20, 20])
+    net = ng.function_to_cnn(function)
+    ie = IECore()
+    ie.register_plugin("templatePlugin", "TEMPLATE")
+    exec_net = ie.load_network(net, "TEMPLATE")
+    assert exec_net.outputs["out"].is_dynamic
+    p_shape = ng.partial_shape_from_data(exec_net.outputs["out"])
+    assert isinstance(p_shape, ng.impl.PartialShape)
+    with pytest.raises(RuntimeError) as e:
+       exec_net.outputs["out"].shape
+    assert  "Cannot return dims for Data with dynamic shapes!" in str(e.value)
diff --git a/inference-engine/ie_bridges/python/tests/test_DataPtr.py b/inference-engine/ie_bridges/python/tests/test_DataPtr.py
index 9b125fb5854..40ae28b2001 100644
--- a/inference-engine/ie_bridges/python/tests/test_DataPtr.py
+++ b/inference-engine/ie_bridges/python/tests/test_DataPtr.py
@@ -43,3 +43,27 @@ def test_layout():
 
 def test_initialized():
     assert layer_out_data().initialized, "Incorrect value for initialized property for layer 'fc_out'"
+
+
+@pytest.mark.ngraph_dependent_test
+@pytest.mark.template_plugin
+def test_is_dynamic():
+    from conftest import create_ngraph_function
+    import ngraph as ng
+    function = create_ngraph_function([-1, 3, 20, 20])
+    net = ng.function_to_cnn(function)
+    assert net.input_info["data"].input_data.is_dynamic
+    assert net.outputs["out"].is_dynamic
+    p_shape = ng.partial_shape_from_data(net.input_info["data"].input_data)
+    assert isinstance(p_shape, ng.impl.PartialShape)
+    p_shape = ng.partial_shape_from_data(net.outputs["out"])
+    assert isinstance(p_shape, ng.impl.PartialShape)
+    with pytest.raises(RuntimeError) as e:
+        net.input_info["data"].input_data.shape
+    assert  "Cannot return dims for Data with dynamic shapes!" in str(e.value)
+    ie = IECore()
+    ie.register_plugin("templatePlugin", "TEMPLATE")
+    exec_net = ie.load_network(net, "TEMPLATE")
+    assert exec_net.input_info["data"].input_data.is_dynamic
+    p_shape = ng.partial_shape_from_data(exec_net.input_info["data"].input_data)
+    assert isinstance(p_shape, ng.impl.PartialShape)
diff --git a/inference-engine/ie_bridges/python/tests/test_IENetwork.py b/inference-engine/ie_bridges/python/tests/test_IENetwork.py
index ffb06b37887..607c8296f4b 100644
--- a/inference-engine/ie_bridges/python/tests/test_IENetwork.py
+++ b/inference-engine/ie_bridges/python/tests/test_IENetwork.py
@@ -156,6 +156,43 @@ def test_reshape():
     ie = IECore()
     net = ie.read_network(model=test_net_xml, weights=test_net_bin)
     net.reshape({"data": (2, 3, 32, 32)})
+    assert net.input_info["data"].input_data.shape == [2, 3, 32, 32]
+
+
+@pytest.mark.ngraph_dependent_test
+@pytest.mark.parametrize("shape, p_shape", [
+    ([1, 3, 22, 22], [1, 3, -1, 25]),
+    ([1, 3, 22, 22], [-1, -1, -1, -1]),
+    ([1, 3, -1, 25], [1, 3, 22, -1])
+])
+def test_reshape_with_partial_shape(device, shape, p_shape):
+    from conftest import create_ngraph_function
+    import ngraph as ng
+    function = create_ngraph_function(shape)
+    net = ng.function_to_cnn(function)
+    net.reshape({"data": p_shape})
+    changedFunction = ng.function_from_cnn(net)
+    p_shape = ng.impl.PartialShape(p_shape)
+    assert changedFunction.get_parameters()[0].get_partial_shape().is_dynamic
+    assert changedFunction.get_results()[0].get_output_partial_shape(0).is_dynamic
+    assert function.get_parameters()[0].get_partial_shape().is_dynamic
+    assert function.get_results()[0].get_output_partial_shape(0).is_dynamic
+    assert changedFunction.get_parameters()[0].get_partial_shape() == p_shape
+    assert changedFunction.get_results()[0].get_output_partial_shape(0) == p_shape
+    assert function.get_parameters()[0].get_partial_shape() == p_shape
+    assert function.get_results()[0].get_output_partial_shape(0) == p_shape
+
+
+@pytest.mark.ngraph_dependent_test
+def test_incorrect_reshape(device):
+    from conftest import create_ngraph_function
+    import ngraph as ng
+    function = create_ngraph_function([1, 3, 22, 22])
+    net = ng.function_to_cnn(function)
+    with pytest.raises(ValueError) as e:
+        net.reshape({"data": [(2, 4, 6), 3, 22, 22]})
+    assert "Incorrect PartialShape dimension definition '(2, 4, 6)' " \
+           "in shape '[(2, 4, 6), 3, 22, 22]', expected one or two values for a dimension! " in str(e.value)
 
 
 def test_net_from_buffer_valid():
@@ -245,3 +282,18 @@ def test_tensor_names():
     assert net.get_ov_name_for_tensor("relu_t") == "activation"
     assert net.get_ov_name_for_tensor("identity_t") == "activation"
     assert net.get_ov_name_for_tensor("input") == "in1"
+
+
+@pytest.mark.ngraph_dependent_test
+@pytest.mark.template_plugin
+def test_create_two_exec_net():
+    from conftest import create_ngraph_function
+    import ngraph as ng
+    function = create_ngraph_function([ng.Dimension(0,5), ng.Dimension(4), ng.Dimension(20), ng.Dimension(20)])
+    net = ng.function_to_cnn(function)
+    ie_core = IECore()
+    ie_core.register_plugin("templatePlugin", "TEMPLATE")
+    exec_net1 = ie_core.load_network(net, "TEMPLATE", num_requests=2)
+    assert ng.function_from_cnn(net) != None
+    exec_net2 = ie_core.load_network(net, "TEMPLATE", num_requests=2)
+    assert ng.function_from_cnn(net) != None
diff --git a/inference-engine/ie_bridges/python/tests/test_InferRequest.py b/inference-engine/ie_bridges/python/tests/test_InferRequest.py
index d753a81c0a9..8f2ab5dc531 100644
--- a/inference-engine/ie_bridges/python/tests/test_InferRequest.py
+++ b/inference-engine/ie_bridges/python/tests/test_InferRequest.py
@@ -17,9 +17,8 @@ path_to_img = image_path()
 
 
 def create_function_with_memory(input_shape, data_type):
-    import ngraph as ng
     from ngraph.impl import Function, Type
-
+    import ngraph as ng
     input_data = ng.parameter(input_shape, name="input_data", dtype=data_type)
     rv = ng.read_value(input_data, "var_id_667")
     add = ng.add(rv, input_data, name="MemoryAdd")
@@ -563,4 +562,221 @@ def test_query_state_write_buffer(device, input_shape, data_type, mode):
             expected_res = np.full(input_shape, i, dtype=format_map[data_type])
 
         assert np.allclose(res['MemoryAdd'], expected_res, atol=1e-6), \
-            "Expected values: {} \n Actual values: {} \n".format(expected_res, res)
\ No newline at end of file
+            "Expected values: {} \n Actual values: {} \n".format(expected_res, res)
+
+
+@pytest.mark.ngraph_dependent_test
+@pytest.mark.template_plugin
+@pytest.mark.parametrize("shape, p_shape, ref_shape", [
+    ([1, 4, 20, 20], [-1, 4, 20, 20], [5, 4, 20, 20]),
+    ([1, 4, 20, 20], [(0,5), 4, 20, 20], [3, 4, 20, 20]),
+    ([1, 4, 20, 20], [(3,5), 3, 20, 20], [2, 4, 20, 20]),
+    ([1, 4, 20, 20], [(3,5), 3, 20, 20], [6, 4, 20, 20]),
+])
+def test_infer_dynamic_network_with_set_shape(shape, p_shape, ref_shape):
+    from conftest import create_ngraph_function
+    import ngraph as ng
+    function = create_ngraph_function(shape)
+    net = ng.function_to_cnn(function)
+    net.reshape({"data": p_shape})
+    ie_core = ie.IECore()
+    ie_core.register_plugin("templatePlugin", "TEMPLATE")
+    exec_net = ie_core.load_network(net, "TEMPLATE")
+    exec_net.requests[0].input_blobs["data"].set_shape(ref_shape)
+    assert exec_net.requests[0].input_blobs["data"].tensor_desc.dims == ref_shape
+    exec_net.infer({"data": np.ones(ref_shape)})
+    request = exec_net.requests[0]
+    request.async_infer({"data": np.ones(ref_shape)})
+    status = request.wait(ie.WaitMode.RESULT_READY)
+    assert status == ie.StatusCode.OK
+    assert request.output_blobs['out'].tensor_desc.dims == ref_shape
+
+
+@pytest.mark.ngraph_dependent_test
+@pytest.mark.template_plugin
+@pytest.mark.parametrize("shape, p_shape, ref_shape", [
+    ([1, 4, 20, 20], [-1, 4, 20, 20], [5, 4, 20, 20]),
+    ([1, 4, 20, 20], [(0,5), 4, 20, 20], [3, 4, 20, 20]),
+    ([1, 4, 20, 20], [(3,5), 3, 20, 20], [2, 4, 20, 20]),
+    ([1, 4, 20, 20], [(3,5), 3, 20, 20], [6, 4, 20, 20]),
+])
+def test_infer_dynamic_network_without_set_shape(shape, p_shape, ref_shape):
+    from conftest import create_ngraph_function
+    import ngraph as ng
+    function = create_ngraph_function(shape)
+    net = ng.function_to_cnn(function)
+    net.reshape({"data": p_shape})
+    ie_core = ie.IECore()
+    ie_core.register_plugin("templatePlugin", "TEMPLATE")
+    exec_net = ie_core.load_network(net, "TEMPLATE")
+    exec_net.infer({"data": np.ones(ref_shape)})
+    assert exec_net.requests[0].input_blobs["data"].tensor_desc.dims == ref_shape
+    request = exec_net.requests[0]
+    request.async_infer({"data": np.ones(ref_shape)})
+    status = request.wait(ie.WaitMode.RESULT_READY)
+    assert status == ie.StatusCode.OK
+    assert request.output_blobs['out'].tensor_desc.dims == ref_shape
+
+
+@pytest.mark.ngraph_dependent_test
+@pytest.mark.template_plugin
+@pytest.mark.parametrize("shape, p_shape, ref_shape", [
+    ([1, 4, 20, 20], [-1, 4, 20, 20], [5, 4, 20, 20]),
+    ([1, 4, 20, 20], [(0,5), 4, 20, 20], [3, 4, 20, 20]),
+    ([1, 4, 20, 20], [(3,5), 3, 20, 20], [2, 4, 20, 20]),
+    ([1, 4, 20, 20], [(3,5), 3, 20, 20], [6, 4, 20, 20]),
+])
+def test_infer_dynamic_network_with_set_blob(shape, p_shape, ref_shape):
+    from conftest import create_ngraph_function
+    import ngraph as ng
+    function = create_ngraph_function(shape)
+    net = ng.function_to_cnn(function)
+    net.reshape({"data": p_shape})
+    ie_core = ie.IECore()
+    ie_core.register_plugin("templatePlugin", "TEMPLATE")
+    exec_net = ie_core.load_network(net, "TEMPLATE")
+    tensor_desc = exec_net.requests[0].input_blobs["data"].tensor_desc
+    tensor_desc.dims = ref_shape
+    blob = ie.Blob(tensor_desc)
+    exec_net.requests[0].set_blob("data", blob)
+    assert exec_net.requests[0].input_blobs["data"].tensor_desc.dims == ref_shape
+    request = exec_net.requests[0]
+    request.infer({"data": np.ones(ref_shape)})
+    request.async_infer({"data": np.ones(ref_shape)})
+    status = request.wait(ie.WaitMode.RESULT_READY)
+    assert status == ie.StatusCode.OK
+    assert request.output_blobs["out"].tensor_desc.dims == ref_shape
+
+
+@pytest.mark.ngraph_dependent_test
+@pytest.mark.template_plugin
+def test_infer_dynamic_network_twice():
+    from conftest import create_ngraph_function
+    import ngraph as ng
+    shape, p_shape = [1, 4, 20, 20], [(0,5), 4, 20, 20]
+    ref_shape1, ref_shape2 = [2, 4, 20, 20], [3, 4, 20, 20]
+    function = create_ngraph_function(shape)
+    net = ng.function_to_cnn(function)
+    net.reshape({"data": p_shape})
+    ie_core = ie.IECore()
+    ie_core.register_plugin("templatePlugin", "TEMPLATE")
+    exec_net = ie_core.load_network(net, "TEMPLATE")
+    request = exec_net.requests[0]
+    request.infer({"data": np.ones(ref_shape1)})
+    assert exec_net.requests[0].input_blobs["data"].tensor_desc.dims == ref_shape1
+    assert request.output_blobs['out'].tensor_desc.dims == ref_shape1
+    request.infer({"data": np.ones(ref_shape2)})
+    assert exec_net.requests[0].input_blobs["data"].tensor_desc.dims == ref_shape2
+    assert request.output_blobs['out'].tensor_desc.dims == ref_shape2
+
+
+@pytest.mark.ngraph_dependent_test
+@pytest.mark.template_plugin
+def test_infer_dynamic_network_with_set_blob_twice():
+    from conftest import create_ngraph_function
+    import ngraph as ng
+    shape, p_shape = [1, 4, 20, 20], [(0,5), 4, 20, 20]
+    ref_shape1, ref_shape2 = [2, 4, 20, 20], [3, 4, 20, 20]
+    function = create_ngraph_function(shape)
+    net = ng.function_to_cnn(function)
+    net.reshape({"data": p_shape})
+    ie_core = ie.IECore()
+    ie_core.register_plugin("templatePlugin", "TEMPLATE")
+    exec_net = ie_core.load_network(net, "TEMPLATE")
+    request = exec_net.requests[0]
+    td = request.input_blobs['data'].tensor_desc
+    td.dims = ref_shape1
+    blob = ie.Blob(td)
+    request.set_blob("data", blob)
+    request.infer({"data": np.ones(ref_shape1)})
+    assert exec_net.requests[0].input_blobs["data"].tensor_desc.dims == ref_shape1
+    assert request.output_blobs['out'].tensor_desc.dims == ref_shape1
+    td = request.input_blobs['data'].tensor_desc
+    td.dims = ref_shape2
+    blob = ie.Blob(td)
+    request.set_blob("data", blob)
+    request.infer({"data": np.ones(ref_shape2)})
+    assert exec_net.requests[0].input_blobs["data"].tensor_desc.dims == ref_shape2
+    assert request.output_blobs['out'].tensor_desc.dims == ref_shape2
+
+
+@pytest.mark.ngraph_dependent_test
+@pytest.mark.template_plugin
+@pytest.mark.parametrize("shapes", [
+    ([3, 4, 20, 20], [3, 4, 20, 20], [3, 4, 20, 20]),
+    ([3, 4, 20, 20], [3, 6, 20, 20], [3, 8, 20, 20]),
+])
+def test_async_infer_dynamic_network_3_requests(shapes):
+    from conftest import create_ngraph_function
+    import ngraph as ng
+    function = create_ngraph_function([3, 4, 20, 20])
+    net = ng.function_to_cnn(function)
+    net.reshape({"data": [3, (2, 10), 20, 20]})
+    ie_core = ie.IECore()
+    ie_core.register_plugin("templatePlugin", "TEMPLATE")
+    exec_net = ie_core.load_network(net, "TEMPLATE", num_requests=3)
+    for i,request in enumerate(exec_net.requests):
+        request.async_infer({"data": np.ones(shapes[i])})
+    for i,request in enumerate(exec_net.requests):
+        status = request.wait(ie.WaitMode.RESULT_READY)
+        assert status == ie.StatusCode.OK
+        assert request.output_blobs['out'].tensor_desc.dims == shapes[i]
+
+
+@pytest.mark.ngraph_dependent_test
+@pytest.mark.template_plugin
+def test_set_blob_with_incorrect_name():
+    from conftest import create_ngraph_function
+    import ngraph as ng
+    function = create_ngraph_function([4, 4, 20, 20])
+    net = ng.function_to_cnn(function)
+    ie_core = ie.IECore()
+    ie_core.register_plugin("templatePlugin", "TEMPLATE")
+    exec_net = ie_core.load_network(net, "TEMPLATE")
+    tensor_desc = exec_net.requests[0].input_blobs["data"].tensor_desc
+    tensor_desc.dims = [4, 4, 20, 20]
+    blob = ie.Blob(tensor_desc)
+    with pytest.raises(RuntimeError) as e:
+        exec_net.requests[0].set_blob("incorrect_name", blob)
+    assert f"Failed to find input or output with name: 'incorrect_name'" in str(e.value)
+
+
+@pytest.mark.ngraph_dependent_test
+@pytest.mark.template_plugin
+def test_set_blob_with_incorrect_size():
+    from conftest import create_ngraph_function
+    import ngraph as ng
+    function = create_ngraph_function([4, 4, 20, 20])
+    net = ng.function_to_cnn(function)
+    ie_core = ie.IECore()
+    ie_core.register_plugin("templatePlugin", "TEMPLATE")
+    exec_net = ie_core.load_network(net, "TEMPLATE")
+    tensor_desc = exec_net.requests[0].input_blobs["data"].tensor_desc
+    tensor_desc.dims = [tensor_desc.dims[0]*2, 4, 20, 20]
+    blob = ie.Blob(tensor_desc)
+    with pytest.raises(RuntimeError) as e:
+        exec_net.requests[0].set_blob("data", blob)
+    assert f"Input blob size is not equal network input size" in str(e.value)
+    with pytest.raises(RuntimeError) as e:
+        exec_net.requests[0].set_blob("out", blob)
+    assert f"Output blob size is not equal network output size" in str(e.value)
+
+
+@pytest.mark.ngraph_dependent_test
+@pytest.mark.template_plugin
+def test_set_blob_after_async_infer():
+    from conftest import create_ngraph_function
+    import ngraph as ng
+    function = create_ngraph_function([ng.Dimension(0,5), ng.Dimension(4), ng.Dimension(20), ng.Dimension(20)])
+    net = ng.function_to_cnn(function)
+    ie_core = ie.IECore()
+    ie_core.register_plugin("templatePlugin", "TEMPLATE")
+    exec_net = ie_core.load_network(net, "TEMPLATE")
+    request = exec_net.requests[0]
+    tensor_desc = request.input_blobs['data'].tensor_desc
+    tensor_desc.dims = [2, 4, 20, 20]
+    blob = ie.Blob(tensor_desc)
+    request.async_infer({"data": np.ones([4, 4, 20, 20])})
+    with pytest.raises(RuntimeError) as e:
+        request.set_blob("data", blob)
+    assert "REQUEST_BUSY" in str(e.value)
diff --git a/inference-engine/ie_bridges/python/tests/test_NGraph.py b/inference-engine/ie_bridges/python/tests/test_NGraph.py
index 6d5c110b9c8..139d132eb0f 100644
--- a/inference-engine/ie_bridges/python/tests/test_NGraph.py
+++ b/inference-engine/ie_bridges/python/tests/test_NGraph.py
@@ -6,17 +6,14 @@ import ngraph as ng
 from ngraph.impl.op import Parameter
 from ngraph.impl import Function, Shape, Type
 
-from conftest import model_path
+from conftest import model_path, create_ngraph_function
 
 
 test_net_xml, test_net_bin = model_path()
 
 
 def test_create_IENetwork_from_nGraph():
-    element_type = Type.f32
-    param = Parameter(element_type, Shape([1, 3, 22, 22]))
-    relu = ng.relu(param)
-    func = Function([relu], [param], 'test')
+    func = create_ngraph_function([1, 3, 22, 22])
     caps = Function.to_capsule(func)
     cnnNetwork = IENetwork(caps)
     assert cnnNetwork != None
@@ -26,10 +23,7 @@ def test_create_IENetwork_from_nGraph():
 
 
 def test_get_IENetwork_from_nGraph():
-    element_type = Type.f32
-    param = Parameter(element_type, Shape([1, 3, 22, 22]))
-    relu = ng.relu(param)
-    func = Function([relu], [param], 'test')
+    func = create_ngraph_function([1, 3, 22, 22])
     caps = Function.to_capsule(func)
     cnnNetwork = IENetwork(caps)
     assert cnnNetwork != None
diff --git a/ngraph/python/src/ngraph/__init__.py b/ngraph/python/src/ngraph/__init__.py
index 950a05e4ede..dc6644b9969 100644
--- a/ngraph/python/src/ngraph/__init__.py
+++ b/ngraph/python/src/ngraph/__init__.py
@@ -27,6 +27,7 @@ from ngraph.frontend import OpValidationFailure
 from ngraph.frontend import Place
 from ngraph.helpers import function_from_cnn
 from ngraph.helpers import function_to_cnn
+from ngraph.helpers import partial_shape_from_data
 from ngraph.opset8 import absolute
 from ngraph.opset8 import absolute as abs
 from ngraph.opset8 import acos
diff --git a/ngraph/python/src/ngraph/helpers.py b/ngraph/python/src/ngraph/helpers.py
index d69a3b86529..7869affaba3 100644
--- a/ngraph/python/src/ngraph/helpers.py
+++ b/ngraph/python/src/ngraph/helpers.py
@@ -3,8 +3,10 @@
 
 """nGraph helper functions."""
 
-from ngraph.impl import Function
-from openvino.inference_engine import IENetwork
+from typing import Union
+
+from ngraph.impl import Function, PartialShape
+from openvino.inference_engine import IENetwork, DataPtr, CDataPtr
 
 
 def function_from_cnn(cnn_network: IENetwork) -> Function:
@@ -18,3 +20,9 @@ def function_to_cnn(ng_function: Function) -> Function:
     """Get Inference Engine CNN network from nGraph function."""
     capsule = Function.to_capsule(ng_function)
     return IENetwork(capsule)
+
+
+def partial_shape_from_data(data: Union[DataPtr, CDataPtr]) -> PartialShape:
+    """Get nGraph PartialShape from Inference Engine Data."""
+    capsule = data._get_partial_shape_capsule()
+    return PartialShape.from_capsule(capsule)
diff --git a/ngraph/python/src/pyngraph/partial_shape.cpp b/ngraph/python/src/pyngraph/partial_shape.cpp
index e63abbb15b8..80004760dc0 100644
--- a/ngraph/python/src/pyngraph/partial_shape.cpp
+++ b/ngraph/python/src/pyngraph/partial_shape.cpp
@@ -17,6 +17,8 @@
 
 namespace py = pybind11;
 
+static const char* CAPSULE_NAME = "ngraph_partial_shape";
+
 void regclass_pyngraph_PartialShape(py::module m) {
     py::class_<ngraph::PartialShape, std::shared_ptr<ngraph::PartialShape>> shape(m, "PartialShape");
     shape.doc() = "ngraph.impl.PartialShape wraps ngraph::PartialShape";
@@ -199,4 +201,18 @@ void regclass_pyngraph_PartialShape(py::module m) {
     shape.def("__repr__", [](const ngraph::PartialShape& self) -> std::string {
         return "<PartialShape: " + py::cast(self).attr("__str__")().cast<std::string>() + ">";
     });
+
+    shape.def_static("from_capsule", [](py::object* capsule) {
+        // get the underlying PyObject* which is a PyCapsule pointer
+        auto* pybind_capsule_ptr = capsule->ptr();
+        // extract the pointer stored in the PyCapsule under the name CAPSULE_NAME
+        auto* capsule_ptr = PyCapsule_GetPointer(pybind_capsule_ptr, CAPSULE_NAME);
+
+        auto* ngraph_pShape = static_cast<std::shared_ptr<ngraph::PartialShape>*>(capsule_ptr);
+        if (ngraph_pShape && *ngraph_pShape) {
+            return *ngraph_pShape;
+        } else {
+            throw std::runtime_error("The provided capsule does not contain an ngraph::PartialShape");
+        }
+    });
 }