Structure of the Principles of Innovation Management

Abstract

Innovation management is a priority type of management implemented in highly competitive markets. Despite the relative stability of the content and structure of innovation management, it can be implemented in various variants and is subject to evolution depending on the state andtrends of the environment. Timely identification of prerequisites for adjusting the content and structure of innovation management is an important condition for ensuring the competitiveness of enterprises, regions and the country as a whole. The hypothesis of research is the possibility of determining the quantity and interrelation-ships of the principles of innovation management depending on it qualitative attributes, as well as the attributes of the environment. The research methods are methods of analysis and synthesis, induction and deduction, as well as classification, and the tools are binary matrices that provide for the joint use of two qualitative attributes of the studied objects and it dichotomies. The subject of research is the structure of the principles of innovation management implemented at the institutional level. The result of research is the structure of principles of innovation management, characterized by the validity of its hierarchy, the quantity of principles, as well as the relationships between them, due to the combination of qualitative attributes of studied objects and it dichotomies. The obtained results make it possible to reduce costs, time, as well as lost profits for the creation of innovations due to clear structuring of principles of innovation management at the management levels of an economic entity and the implementation of systematic approach to innovation management. In addition, the article lays the foundations for the design of innovation management systems using computer software.

Keywords

• principle
• innovation
• management
• structure
• reliability
• potential
• satisfaction
• efficiency