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The United States is still an enormous generator of innovation, from which other nations have long benefitted. But we now also have the opportunity to benefit from innovation taking place around the world.

The United States is definitely ahead in culture of innovation. If someone wants to accomplish great things, there is no better place than the U.S.

The single most important factor in determining America's success in the 21st century will be maintaining our ability to be an innovative and creative society.

From leading the world into the age of democracy to spearheading the technological revolution, America has always been at the forefront of greatness.

But the - look, I think that this - the United States of America is still the most powerful economy in the world. It is an incredible engine for creativity and innovation. And it has the most - smartest, most effective workforce in the world. So we have a lot going for us, in spite of the fractiousness of our politics.

Innovation makes the world go round. It brings prosperity and freedom.

America still has the right stuff to thrive. We still have the most creative, diverse, innovative culture and open society - in a world where the ability to imagine and generate new ideas with speed and to implement them through global collaboration is the most important competitive advantage.

We are the number one economy in the world, and we ought to continue to pursue those kinds of policies that ensure that we maintain that position, like innovation and like technology and like education and like just research and development and discovery.

And innovation and entrepreneurship is the opportunity and best opportunity we have to grow the economy.

As far as the U.S. economy is concerned, I always believe that the U.S. economy is solidly based, not only in a material sense, but more importantly, the United States has the strength of scientific and technological talent, and managerial expertise.