Innovative vs. Innovation Projects in Organisations

Being innovative is a vital capability of organisations and societies nowadays. Companies run innovation projects as part of their strategies and assign significant resources to them. Moreover, there is a tendency to manage projects in an innovative, for example agile, way. Therefore, it is important to clearly understand the distinction between innovative and innovation projects. Both terms are explained in the article and cross relations are discussed. Moreover, the idea of managing innovation projects applying the innovative approach is presented.