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America is a country of entrepreneurship and great business leaders.

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.

There is no greater country on Earth for entrepreneurship than America. In every category, from the high-tech world of Silicon Valley, where I live, to University R&D labs, to countless Main Street small business owners, Americans are taking risks, embracing new ideas and - most importantly - creating jobs.

The American people are among the most productive in the world. We have the best technologies. We have great universities. We have entrepreneurs.

I think America is a hard nut to crack. But once you get a toehold, it's a great place for an entrepreneur because people are so enthusiastic, and you have the most enthusiastic audiences in world.

We begin to change the world when we stimulate long-term prosperity using technology. There is not a problem that's large enough that innovation and entrepreneurship can't solve.

When I was a young man in the 1970s, tech firms were scattered across the developed world. Since then, America has come to dominate tech almost totally.

Entrepreneurship is the very back bone of our country and what makes us great - we are a nation of founders.

Americans have so much natural entrepreneurial drive. The caveat is that it is technology that should be a tool making lives better in the real world, and in line with the American spirit of getting better and better at something, whether it's curing cancer or creating a better taxi service.

We know that the nation that goes all-in on innovation today will own the global economy tomorrow. This is an edge America cannot surrender.