President Obama tells young entrepreneurs the world needs their creativity, energy and vision

The 7th annual Global Entrepreneurship Summit has just met in Silicon Valley with over 700 mainly young entrepreneurs from 170 countries descending on Stanford University for the event. On the agenda was networking with Silicon Valley’s elite, private mentoring sessions, idea pitching to local investors, and master classes on product brainstorming, angel investing, and building startup ecosystems. President Obama in his keynote speech told the delegates: ”The world needs your creativity and your energy and your vision. You are going to be what helps this process of global integration work.  The world works better when people are networking, trading, and sharing ideas.” The United States has always used economics to build relationships and advance its interests. What’s new here is the focus on entrepreneurship, with the country seeking to stimulate a new generation of entrepreneurs across the globe who can both generate prosperity for their countries and imagine new solutions to a range of global problems, from public health to climate change—problems which, when left unsolved, often spark strife. It’s a rallying call for young entrepreneurs to take the lead and help to make the world a more sustainable and better place.