Inventrepreneur

DEFINITION of 'Inventrepreneur'

A type of entrepreneur who seeks to market or produce an invention of his or her own creation. Inventreprenuers can exist in any industry that moves forward from new inventions or discoveries, such as technology, communications, transportation or heavy industry.

BREAKING DOWN 'Inventrepreneur'

Inventrepreneurs abound in certain sectors, such as technology, where new inventions are churned out on a daily basis. Successful inventrepreneurs must have business savvy, an unwavering belief in their product and also the necessary time and capital to market their invention. Though this is a lot of qualities to possess, the rewards for successful inventrepreneurs can be enormous.