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).