Review article

The article examines the innovative style of management as an organizational and managerial component of entrepreneurship, whereby entrepreneurship itself is structured in three key areas, namely, personal, economic, and organizational-managerial ones. Based on this structure and analyzing the current situation, various management styles are considered in the context of existing leadership theories, their impact on the entrepreneurial activity of organizations, and an interpretation of the innovative management style is given. Based on practical experience, the possibility of applying the principles of work within the framework of the «Teal organization» concept as an effective tool for innovative management style is evaluated.