Engineers are uniquely qualified to excel in technology development and innovation. Engineers may pursue commercializing their innovations in their own company as an entrepreneur or internal to an organization as an intrapreneur. Innovation leadership is a way for engineers to set themselves apart from others in the organization. Engineers should look for opportunities to innovate. Innovation can be useful to demonstrate leadership potential, both technically and managerially. Fundamental concepts and resources to support innovation are discussed in this chapter. Topics include the criticality of innovation, similarities and differences between entrepreneurs and intrapreneurs, business planning, pitch presentations and business financials. Additionally, a summary of a study used for innovation management by a large chemical company is discussed. Knowledge, skills and workstyles identified in the first chapter that are ad-dressed in this chapter include the following: Knowledge: Expansion of core engineering characteristics at a broader organizational level: Skills: