Acquisition of study course provides a perception of innovation process management in companies with high benefit. The study course provides knowledge about innovation support structures, including technological, science and industry parks, centres and different type business incubators. The study course provides a comprehension how to develop a business strategy and new products; how to deal with work group management in order to develop a technology and improve efficiency, as well as provides knowledge about risk analysis and new market research. Research and cooperation management, intellectual property development, its usage and protection. Study course provides knowledge about European Union directives and initiatives in technology transfer and valorisation process improvement.