Basis of social and economic development of modern society is implementation of continuous innovative process. In a general view and in final realization innovative process means carried-out sequence of stages and stages of an embodiment of idea of a possible innovation in development, production, sale and diffusion of the new innovative product briefly called by "innovation". A basis of innovative process, its basis, purposeful activity of direct performers of innovative development is. Methodologically innovative performing activity is made according to order, rules and the recommendations defined by innovative engineering. In article the terminological difference of the concepts "innovation" and «innovative process» is analyzed, and the analysis of different definitions of an innovation leads to a conclusion that the specific maintenance of an innovation is made by the changes being the main function of innovative activity.
Keywords: innovation, innovative process, innovative engineering.