MANAGEMENT OF INNOVATIONS AND INNOVATION PROCESSES

In modern conditions, successful innovations become a key determinant of survival, successful functioning and accelerated development for many organizations of various types of economic activity. This has led to an increase in the number of approaches and the development of models of innovation processes. The article discusses the main models of innovative processes and their management; the author's interpretation of the functions of innovation management is proposed; the concepts of «innovation management», «management» and «management of innovation processes» are considered; the nature and essence of the concept of the innovation process and its role in the development of the economy of the micro-, meso- and macro-levels are studied. The influence of the innovation process on the country's gross domestic product, as well as on the state of the markets for domestic goods and services, is considered. The importance of innovations and activities of enterprises and their impact on the competitiveness of the company and the development of the economy and the market as a whole are considered. The key theoretical foundations of management are given, the need for management of innovations and innovation processes is updated. The features of state regulation of innovative processes and the tasks of states in the field of attracting innovations are considered, the relationship between innovative activity and the development of the state and its economic activity is determined. The phases of existence and implementation of an innovative project are described: initiation, planning, implementation, completion. Various aspects of innovation project management are presented, including marketing management, business planning, information support, innovation financing, project team management, specialized training of managers, the creation of innovative entrepreneurship, legal regulation of innovation. Examples and experience of global companies that have used innovative projects in their development are given and the results that they will receive thanks to this are shown. The management of innovations at the macro and micro levels and the features of the management of innovation processes in comparison with traditional ones are considered.