This document defines terms for and establishes the fundamental concepts and principles of innovation management.

This document is applicable to:

a)       all types of organizations, regardless of type, sector, maturity-level or size;

b)       all types of innovations (e.g. product, service, process, model, method);

c)        all forms of innovation (e.g. incremental to radical, disruptive);

d)       all types of approaches (e.g. internal and open innovation, user-, market-, design- and technology-driven innovation activities).