This book takes as its starting point the current state of affairs and the specific conditions arising from today’s business environment. Based on findings from long-term empirical research carried out under the auspices of the Czech Scientific Foundation (research project no. 13-20123P) in the years 2013 to 2015 it attempts to provide an overview of the issues of evaluating innovation performance. This publication is based specifically on project management, Balanced Scorecard input–process–output–outcomes model and Stage Gate approach.