The monograph is devoted to research of motivating innovation activities. This topic is especially relevant nowadays when there is a tendency towards activation of companies' innovation activities, increase in expenses on technological innovations and growth of innovative companies in Russia. Not all Russian innovative companies realize the necessity of improving employee management system, which requires determination of employee motivation towards innovation activities and development of an incentive system. For coping with the outlined problem, the authors discuss the existing employee stimulation types, used by Russian companies in the innovation environment. In addition, implication of different types of employee stimulation are considered for increasing innovation activities. The authors have developed a methodological approach to study motivation of innovation activities in Russian companies. This approach is based on Herzberg's theory, certain provisions of Russian and foreign approaches regarding remuneration, especially, the experience of Japanese companies aimed at stimulation of employee innovative behavior. The research results are based not only on the analysis of Russian and foreign literature, but also on the results of the empirical study. The main point of this monograph is that the obtained results led to a number of practical recommendations for top-managers and heads of human resource management departments of Russian innovation companies. The monograph contains guidelines for top-managers, including recommendations on career, social, and material incentives. The proposed ideas are not restricted only to employee stimulation and incentive types. The authors have also summarized the recommendations for top-managers and discussed them in details.