Oditor, Vol. VI, No. 02/2020

SPECIFCS OF INNOVATION PROJECT PORTFOLIO MANAGMENT
Aleksandar Miletić[1], Petar Belokapić[2], Branko Nešić[3]

Date recieved: 01.01.2020.
Date accepted: 21.03.2020.

doi: 10.5937/Oditor2002091M

UDK:
005.591.6 339.137

Apstract

In an age of turbulence in modern business, where innovation is positioned as a key factor in creating competitive advantage and resource-oriented strategy, where human capital and intellectual property come to the fore, portfolio management of innovation projects becomes a powerful weapon, but only if handled properly. Differences between classic projects on the one hand and innovation projects on the other, characterized primarily by an extremely high degree of risk and impact of the human factor, ie. creativity, require comparative analysis of the projects themselves and their portfolios, in order to reach the conclusions necessary for successful management of the innovation portfolio. Due to the specificity of the innovation projects and the innovation portfolio, the methods and techniques used in managing the portfolio of classic projects do not guarantee success if applied to the portfolio of innovation projects. Noticing the differences and peculiarities of both is the first step in creating a methodology that would deliver the expected results.

Key words: innovation projectcs, innovation portfolio, project managment, upravljanje portfoliom inovacionih projekata (IPPM).


[1] Assistant, Aleksandar Miletić, M.A. University of Defense in Belgrade, Military Academy, Veljka Lučića Kurjaka 33, Belgrade, Serbia, Phone: +381 11 360 32 47/ +381 65 202 94 43, E-mail: aleksa.miletic@yahoo.com
[2] Petar Belokapić, Ph.D., Associate rofessor, University of Business Studies Banja Luka, Jovana Dučića 23a, Banja Luka, BiH
[3] Branko Nešić, Ph.D., University of Business Studies Banja Luka, Jovana Dučića 23a, Banja Luka, BiH