Leadership requires creating conditions that enable employees to do the kinds of experimentation that entrepreneurship requires.

A solid process lays the foundation for a healthy culture, one where ideas are evaluated by merit and not by job title.

The United States is locked in a new arms race for that most precious resource - the future entrepreneurs upon whom economic growth depends. Substantial research shows that immigrants play a key role in American job creation.

Nowadays people talk about PayPal's founders as prescient geniuses who would inevitably change the world. It was, however, not so obvious that PayPal would taste its first major success by helping people sell Beanie Babies on eBay. But they had a vision, a hope, and the perseverance to try multiple iterations until they got it right.

If you don't know who your customer is, you don't know what quality is.

All innovation begins with vision. It’s what happens next that is critical.

Every startup has a chance to change the world, by bringing not just a new product, but an entirely new institution into existence.