Properties of innovation management and innovative solutions portfolio planning
Innovation management is the process of making decisions in an ever-changing environment, constantly studying innovative programmes and reviewing them both in general and in parts. An innovation leader recognizes that his or her activities are surrounded by uncertainties, both internal and external. He is never immune to the emergence of unforeseen technical problems, the need to reallocate resources, new assessments of market opportunities. The system for planning and managing innovative technology in management must be sufficiently flexible. The most comprehensive and flexible innovation management systems are primarily focused on the development of prospective products as well as the transformation of innovation management functions.