Entrepreneurship is associated with courage, innovation and market sensitivity, but it also stands for organizational skills, planning skills and perseverance. An increasing number of academics are seriously considering starting up their own business, and some of them do not even wait until they have graduated. In the business community and also in governmental agencies, there is a growing need for people with an entrepreneurial attitude. Life-long employment at the same company is a thing of the past. Governments actively encourage entrepreneurship. Entrepreneurship is closely related to innovation, and innovation is an important source of economic growth.