Innopreneurship is innovation-based value creation for the society at large. This value is created by exploring and exploiting opportunities. Opportunities emerge from innovative activities and/or require innovative actions in order to materialize.
The drivers of innopreneurship are innopreneurs. They have the competences to transform opportunities into concrete sustainable activities, in new organizational forms or within existing organizations.
The innopreneurial mindset, defined by ENGAGE.EU, refers to the way an innopreneur thinks and acts. It is a set of characteristics, motives, behaviors and skills that drive action. The way an innopreneur thinks or in other words the lens through which they see the world is influenced by:
- what people know or do not know (knowledge)
- what people have done and have not done (experience)
- what people can do or believe they can do (related to their level of competency and self-belief)
- who they are (personality, values, attitudes, beliefs)