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This chapter describes the role of entrepreneurship skills in driving successful new venture creation and putting innovative initiatives into action in SMEs. Also discussed are the roles of tertiary and school education, vocational training and the use of knowledge-intensive service activities and small business support in the provision of entrepreneurship skills. Policy recommendations are provided. LinkToContentAt: http://dx.doi.org/10.1787/9789264080355-49-en Knowledge Type: Thematic report [1] Other Tag: entrepreneurial capabilities [2] training [3] entrepreneurship education [4] higher education institutes [5] vocational education and training [6] skills development [7] Parent URL: http://dx.doi.org/10.1787/9789264080355-en [8]