Joseph R. Biden Jr. Quotes

We need to create an ecosystem which will make young people want to start their own company.

America glories in its tradition of the self-made individual. Political candidates compete to be a friend to entrepreneurs, and policymakers, imagining the next Microsoft or Google, design laws to back the innovator in the garage.

Entrepreneurship is the engine fuelling innovation, employment generation and economic growth. Only by creating an environment where entrepreneur- ship can prosper and where entrepreneurs can try new ideas and empower others can we ensure that many of the world’s issues will not go unaddressed.

I am convinced the entrepreneurial spirit of the Indian people, if allowed to express itself freely in the marketplace, India will be all right.

The best entrepreneurs know when to ignore sage advice.

I think the understanding of the role of markets has really helped advance the values of entrepreneurship. It's helped shape public policy discussions in a whole variety of ways.

At a young age I always had an entrepreneurial spirit. So I'm trying to develop things on my own, too, and there are a couple things that have absolutely nothing to do with the entertainment business that I'm trying to tackle. We'll just sort of see.

Learning from the American experience, governments around the world have developed national innovation policies and programs to accelerate their economic prosperity and to help their citizens and companies compete globally.

Certainly Yahoo! wouldn't exist without the sort of environment that Stanford gave us to allow us to create it.

The best start-ups might be considered slightly less extreme kinds of cults. The biggest difference is that cults tend to be fanatically wrong about something important. People at a successful start-up are fanatically right about something those outside it have missed.

If I had known how hard it would be to do something new, particularly in the payments industry, I would never have started PayPal. That's why nobody with long experience in banking had done it. You needed to be naive enough to think that new things could be done.

Some of the best projects to ever come out of Atari or Chuck E. Cheese's were from high school dropouts, college dropouts. One guy had been in jail.

The entrepreneurial instinct is in you. You can't learn it, you can't buy it, you can't put it in a bottle. It's just there and it comes out.

The 1920s and 1930s were a period of sensational productivity growth: new products were springing up all over the place, and most of those new products and new methods were developed by people who started their own companies.

The last time money left the art world, intrepid types maxed out their credit cards and opened galleries, and a few of them have become the best in the world.

I don't think Philadelphia's challenge is in coming up with great ideas or having great founders. I think the real challenge is keeping them here.

I think a lot of people may have a unique insight or some idea that they feel could be a great solution for a particular problem, but for some reason never have a chance to try or never have the courage or maybe the self-doubt. Really, it's best just to remain naive and continue to work on things and see if people have the same problems.

Silicon Valley is the best place to start a tech company in so many ways.

Knowledge comes from the past, so it's safe. It is also out of date. It's the opposite of originality... Experience is the opposite of being creative.

If America wants to lead the world, it needs to make sure new ideas can get to market. More opportunity will birth more companies that create more jobs.

If every effect of any new products or methods were required to be known before they could be produced and marketed, they would not be true innovations - and thus not represent new knowledge of what people would like, if offered.

The heart of the entrepreneur can beat freely in anyone.

The best founders are extremely thoughtful and have an eye for quality. I don't know if there's any generic advice here that would be helpful. Startup knowledge is a moving target.

Understanding capitalism is in some ways simple. At its best, capitalism rewards creators, makers and providers: the people and firms that create valuable things for others, like imaginative technologies and good food, cars and drugs.

There is no question that creative intelligence comes not through learning things you find in books or histories that have already been written, but by focusing on and giving value to experience as it happens.