Fostering innovation in the chemical industry demands a new approach to the competencies required by employees. To succeed in innovation processes, competencies are needed that transcend the mere scientific knowledge in chemistry: skills are needed to work in teams in a transdisciplinary manner in order to generate new ideas. Moreover, these skills will enable employees to exploit innovations that exist at the interface with other disciplines and industries. However, how can such competencies be trained and fostered? This article addresses competencies that are crucial to cross-industry and interdisciplinary innovation processes. Furthermore, it outlines principles for developing competencies through professional educational activities and provides both practical examples and domains for further research