he Politics Watcher
Sign InSubscribe
White House

President Reagan's Address at Moscow State University Highlights Small Business Innovation

Share this article

Reagan emphasizes entrepreneurial spirit and technological advancements in small businesses.

description: an anonymous image of a group of young entrepreneurs working diligently in a garage, surrounded by computer equipment and prototypes. the atmosphere is filled with excitement and determination as they collaborate on their latest project.

In his address at Moscow State University, President Reagan highlighted the importance of small businesses in driving the technological revolution. He pointed out that some of the largest personal computer firms in the United States were started by young entrepreneurs, demonstrating that innovation knows no age limit. This statement clearly substantiates his opinion that small businesses are at the forefront of the technological revolution.

Reagan's comparison of entrepreneurs to athletes and scholars underscores the idea that experience is a valuable teacher in the world of business. He praises the courage and vision of entrepreneurs who are willing to take risks and venture into the unknown, equating them to the explorers of the modern era. This analogy showcases his belief in the power of innovation and entrepreneurship to drive progress and change.

The President also addresses the skeptics who view the free market as wasteful, questioning the fate of entrepreneurs who fail. However, he emphasizes that failure is a natural part of the entrepreneurial process and should not deter individuals from pursuing their dreams. Reagan's words serve as a rallying cry for aspiring business owners to persevere and continue pushing the boundaries of innovation.

small businessestechnological revolutionentrepreneurshipinnovationrisk-takingfree marketprogressfailureperseverancevision
Share this article