Abstract: The broad aim of this research is to analyse the impact of innovation management on high growth entrepreneurship in selected SME of Nigeria. As the growth of SMEs in Nigeria is intense, new entrepreneurs need innovative ideas for starting a new business. So an analysis of innovation management for identifying its importance on the high growth entrepreneurship in SME has been conducted with this research. To conduct this study, the researcher used different literatures related with this research topic to identify and analyse factors relating to this and the effectiveness of this. The researcher accessed 20 persons as sample with a well structured questionnaire to collect required information on this regards. After proper analysis and reports from the collected data analysed statistically, the researcher identified that there is a high requirement of innovation management in SME industry of Nigeria for the entrepreneurs to invest and to sustain.