Today, the entrepreneurial drive is a key element
of the evolving knowledge economy. To maintain
their competitive edge in this globalised world,
countries are looking to implement policies to
heighten their talent pools and increase their innovation
potential (Atkinson and Reid 2006). Many
such policies address the question of how to
increase the number of entrepreneurs, but few actually
recognise or target the important, but littleunderstood
category of “knowledge entrepreneurs”.
For the purposes of this article, the knowledge
entrepreneur is defined in dynamic terms as the
entrepreneur of normally small- and medium-sized
enterprises (SMEs) that focus on the discovery or
interpretation of knowledge. Such individuals typically
maintain a business focus while continuously
innovating.