MECHANISMS FOR ACTIVATING AND MANAGING INNOVATION PROCESSES
DOI:
https://doi.org/10.55640/Keywords:
innovation; innovation process; research and development (R&D); technology transfer; commercialization; diffusion; venture capital; national innovation system; Triple Helix; innovation strategy; cluster; technopark; management mechanism.Abstract
This article provides an integrated theoretical and practical analysis of innovation processes, from idea generation to the diffusion of innovations in the economy. It explains each stage of the innovation lifecycle: ideation, research and development (R&D), prototyping and certification, implementation in production, commercialization, and diffusion. For each phase, relevant management mechanisms, institutional frameworks, financing models, and organizational strategies are examined. The study also discusses the significance of the national innovation system (NIS), Triple Helix collaboration, technoparks, cluster-based structures, and venture financing. The conclusion emphasizes that effective innovation management is essential for increasing competitiveness, technological modernization, and sustainable economic development.
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