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Learn how to define and apply innovation to support young entrepreneurs to become more innovative in running their businesses. Often young entrepreneurs are not taught innovation in a holistic way that helps them understand what it is – it’s not just about a new service or product, disruptive AI or blockchain.  Understanding what innovation actually entails and how young entrepreneurs can apply it in relatable and actionable ways for their business ideas will improve their businesses’ chances of success.

Practitioner Learning points:

• Simple innovation definition with rationale on why innovation is important for young entrepreneurs
• Useful frameworks to help you make sense of different categories and types of innovation
• Fostering an innovation mindset
• Simple and practical tips on how to use these with young entrepreneurs to make it relevant and practical

Applications:

Flexible approach to application. The content can be applied readily for group delivery, and it can also be used 1:1 with young entrepreneurs, including through mentoring.

Ease to use:

Medium. The content uses clear to understand examples to explain powerful frameworks that can be used to support young entrepreneurs to be more innovative.

Facilitator: Dejan Markovic, Head of Innovation, Youth Business International