The article considers the role of innovation management in the enterprise on the experience of foreign companies. The essence of innovation management, its tasks and functions are substantiated. Innovation management — is one of the areas of strategic management, carried out at the highest level of the organization. Its purpose is to determine the main directions of production and scientific and technical activities of the enterprise.
The innovative development of enterprises and regions of Western Ukraine in the sphere
of industry is investigated in this scientific paper, taking into account theoretical approaches
and concepts of the innovation activity development.
The introduction of innovative technologies contributes to the sustainable development of
regions of Ukraine in accordance with international agreements, the economical use of their
resources, and the increase of efficiency of enterprises and organizations. The basis for