This handbook offers a number of perspectives on innovation management as an emerging field of study, along with explanatory theories, recurrent challenges, and its application to innovation processes. It discusses some of the core stylized facts of innovation studies, focusing on the sources of new products, processes and solutions in the economic system. It also considers design as a source of innovation, the management of research and development (R&D) and new product development in firms, the concept of sustainable innovation management as it applies to business enterprises, the management of social innovation, the concept of brokerage models of innovation, and the importance of science and technology in business innovation. In addition, the handbook provides an overview of the literature on the management of open innovation, looks at the relationship between project management and innovation, and analyzes innovation management in Japan and China.