The thesis is devoted to widening the theoretical provisions, scientific and methodological support and substantiation of practical recommendations to improve the management of innovative activity of corporate engineering enterprises. Economic content of innovative activity, as well as the essence of its management was determined. Principles of operation of the management system of innovative activity of corporate enterprises, which it was suggested to classify into system-wide, providing and resulting, were identified. Factors of influence on the results of innovative management were systematized and possibility of applying effective approach to its assessment was proved. Factors of influence are divided into the demand for innovation, public management of innovative activity and the internal potential of the enterprise. Tendencies of innovative activity were analyzed and revealed, financial and economic capacity for its implementation was diagnosed, an effectiveness of its management for corporate engineering enterprises was assessed. Based on the analysis of management system of innovative activity of corporate engineering enterprises it was revealed inadequate methodological support of assessing the effectiveness of strategic change in innovative activity of corporate engineering enterprises. This made it possible to offer scientific principles of strategic management of innovative activity of corporate engineering enterprises, based on the diagnosis of the power and direction of influence of demand for innovation, public management of innovative activity and the internal potential of the enterprise. They allow choosing the rational strategy of innovative activity according to the type of innovative behavior (leaders, followers or outsiders), tools for their implementation in terms of goal-setting and exercising strategic control and audit. The criteria of the place and the role of innovative strategy in the system of corporate enterprise strategies were defined. Among them it should be noted: the need to accounting during development and implementation of all types of the strategies, accounting of the common vision for the organization, resource availability based on the strategic analysis at all levels and components of the strategies, availability of the rules of their distribution according to the ratio of standard and innovative activities, commensurate and reciprocal influence of goals of the strategies, impact on the degree of accessibility of the strategic development results, role in ensuring the potential of growth for the enterprise and its competitiveness, taking into account the basic conditions of environment and its subjects, ensuring internal and external synergies. It was determined that choice and change of innovative activity strategies in a volatile external environment and taking into account significant fluctuations in internal capacity of the enterprises should be gradual, stage nature, which contemplates the realization of the strategic goals, their audit with the subsequent decision on the further implementation according to the selected management tools. It was revealed that the corporate engineering enterprises have sufficient internal capacity to maintain the leading position both in domestic and foreign markets. Among those who implement the type of behavior of followers, many on the basis of the forecast will be able to improve the performance of innovative activity. On the basis of the findings there were given theoretical and practical recommendations on improvement of management of innovation activity for corporate engineering enterprises in selection and implementation of the relevant strategic goals and diagnosed their internal capacity to implement the recommended goals. These include, primarily, organizational and management, resource, technical and technological goals. In addition, general directions of efficiency increase of management of innovative activity were proposed for corporate engineering enterprises, including the need to implement the principle of differentiation of the public innovation policy and strategy.