This document outlines aspects of innovation considered relevant for HS and proposes general actions for an Exploitation plan. Innovation is an essential component of the strategic objectives of E-RIHS. It encompasses novel research actions, offer of unique access services and provision of smart tools. Exploiting innovation, for the benefit of the E-RIHS ecosystem and the society, requires a number of actions along the innovation chain, including the presence of an efficient monitoring and evaluation system, appropriate knowledge and technology transfer channels, proper IPR protection and efficient communication with key stakeholders both in the public and the private sectors. An overall systematic approach to the above will ensure success and sustainability of ERIHS as an innovator and as a leader in the global HS landscape. This document is Deliverable 6.2, elaborated in the context of project IPERION HS, WP-06: Innovation and Exploitation, Task 6.4: Exploitation Plan. The analysis for the work presented herein was based on extensive interactions between the co-authors and builds upon a number of documents produced in the context of IPERION HS and E-RIHS PP (in particular Deliverable 9.4: Innovation Agenda).