Innovation management tools

An approach for classifying Innovation Management Tools（IMTs）is using typologies，as proposed by Antonio Hidalgo and Jose Albors.The study conducted at a European level used 10 typologies for knowledge-driven Innovation Management Tools.The typologies proposed are the following：

Table 1　Methodologies and Tools

These typologies were found by looking at 32 characteristics that classify Innovation Management Tools.Hidalgo and Albors were able to narrow the list down to 8 criteria（knowledge-driven focus，strategic impact，degree of availability，level of documentation，practical usefulness，age of the IMT，required resources for implementation，measurability），that are especially relevant for IMTs in the knowledge-driven economy（knowledge economy）.The advantage of using typologies is the easy integration of new methods and the availability of a broader scope of tools.