Currently, the intensification of competition in the labor market, outsourcing production in economic fields that have greater comparative advantages in terms of production costs, increasing social costs caused by phenomena such as aging population, declining share of working age population in the total population, the increasing share of inactive persons arising from degradation of living standards and quality life appears - as a priority - the formation of entrepreneurial skills with an active role in the establishment and revenue assurance as a prerequisite for being. Innovating entrepreneurship is centered on acquiring specific innovation management research methods, human capital development and establishment of a business incubator, as support for the implementation of business ideas and entrepreneurial spirit. The purpose of innovating entrepreneurship is to increase the competitiveness on the internal and external market of potential beneficiaries-technical-economic effects leading to increased productivity, accessibility to labor markets, increased interest in business and entrepreneurship idea. By applying the innovating entrepreneurship specific principles, it will be assured the evaluation and the development of the entrepreneur\'s economic performances. (C) 2015 The Authors. Published by Elsevier Ltd.