An innovation capability is a core element of innovation system, developing
competitive advantages and profitability of the modern company. Capabilities are
responsible for efficient process of planning, creation and utilization of resources. Those capabilities that create basic competitive advantages are core competences of the company. The study focused on identifying the core factors in the organizations innovative capabilities development. The empirical analysis carried out on the basis of industrial sector in allowed to reveal innovation capabilities elements and to offer methodology of capabilities development planning.