Readeness for successful management of innovation projects
Keywords:
management, innovation, readiness, success, sustainable projectsAbstract
Abstract. Innovation projects are critical drivers of technological advancement and economic growth. However, their success depends on multiple factors, including organizational preparedness, strategic alignment, and risk management. This paper explores the key dimensions of readiness for managing innovation projects, including leadership capabilities, financial and technological resources, organizational culture, and stakeholder engagement. It highlights the challenges that organizations face, such as resistance to change, uncertainties in market adoption, and the need for adaptive project management frameworks. The study emphasizes the importance of agility, collaboration, and continuous learning in fostering an environment conducive to innovation. Ultimately, achieving readiness for innovation project management requires a holistic approach that integrates structured methodologies, proactive risk assessment, and a culture of experimentation.
References
Lokuge, S., Sedera, D., Grover, V., & Xu, D. (2019). Organizational readiness for digital innovation: Development and empirical calibra-tion of a construct. Inf. Manag., 56, 445-461. https://doi.org/10.1016/J.IM.2018.09.001.
Kapsali, M. (2011). Systems thinking in innovation project management: A match that works. International Journal of Project Manage-ment, 29, 396-407. https://doi.org/10.1016/J.IJPROMAN.2011.01.003.
Shiboldenkov, V., Bastamova, D., & Yakovleva, K. (2024). Concept of matrix readi-ness methodology application development for managing innovative digitalization projects. Vest-nik Universiteta. https://doi.org/10.26425/1816-4277-2023-12-53-61.
Galvez, D., Enjolras, M., Camargo, M., Boly, V., & Claire, J. (2018). Firm Readiness Level for Innovation Projects: A New Decision-Making Tool for Innovation Manag-ers. Administrative Sciences, 8, 6. https://doi.org/10.3390/ADMSCI8010006.
Bagherzadeh, M., Markovic, S., & Bogers, M. (2021). Managing Open Innovation: A Project-Level Perspective. IEEE Transactions on Engineering Management, 68, 301-316. https://doi.org/10.1109/TEM.2019.2949714.
Ozcan, S., Stornelli, A., & Simms, C. (2024). A Product Innovation Readiness Level Framework. IEEE Transactions on Engineering Management, 71, 9920-9937. https://doi.org/10.1109/TEM.2023.3312595.
Prasetyo, M., Peranginangin, R., Marti-novic, N., Ichsan, M., & Wicaksono, H. (2025). Artificial intelligence in open innovation project management: A systematic literature review on technologies, applications, and integration re-quirements. Journal of Open Innovation: Tech-nology, Market, and Complexity. https://doi.org/10.1016/j.joitmc.2024.100445.
Pavlov, K., Novosad, O., Opashnyuk, Y., Bereziuk, M., & Korytko, M. (2024). MAN-AGEMENT OF INNOVATIVE PROJECTS IN THE IT SERVICES MARKET IN THE CON-TEXT OF CHANGES AND RISKS OF OUR TIME. Energy saving. Power engineering. Energy audit.. https://doi.org/10.20998/2313-8890.2024.02.06.
Iastremska, O., Malyarets, L., Samoilenko, V., & Budarin, O. (2024). Manage-ment of innovative projects to ensure innovative development of enterprises. INNOVATIVE TECHNOLOGIES AND SCIENTIFIC SOLU-TIONS FOR INDUSTRIES. https://doi.org/10.30837/2522-9818.2024.29.104.
Bushuyev, S., Bushuyeva, N., Bushuiev, D., & Bushuieva, V. (2022). Cognitive Readiness of Managing Infrastructure Projects Driving by SMARTification. 2022 IEEE European Technolo-gy and Engineering Management Summit (E-TEMS), 196-201. https://doi.org/10.1109/E-TEMS53558.2022.9944458.
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Our journal abides by the CREATIVE COMMONS copyright rights and permissions for open access journals.
Authors, who are published in this journal, agree to the following conditions:
1. The authors reserve the right to authorship of the work and pass the first publication right of this work to the journal under the terms of a Creative Commons Attribution License, which allows others to freely distribute the published research with the obligatory reference to the authors of the original work and the first publication of the work in this journal.
2. The authors have the right to conclude separate supplement agreements that relate to non-exclusive work distribution in the form in which it has been published by the journal (for example, to upload the work to the online storage of the journal or publish it as part of a monograph), provided that the reference to the first publication of the work in this journal is included.
