Photo by L.A. Cicero
Congress is in recess this week, and that gave House Majority Leader ERIC CANTOR a chance to leave the Washington beltway for Silicon Valley. During a speech he delivered Monday at the Hoover Institution, the Virginia Republican hailed Stanford and other research universities as a key ingredient to spurring economic recovery.
He recalled a recent meeting with Chinese officials who were astounded that tech companies like Google and Apple were “born out of the basements and backyards of America” and came to dominate the business world.
“For me, the answer starts at world-renowned institutions like Stanford University,” where ideas can be fostered, tested and given room to grow, Cantor said.
“We know how to take ideas and bring them to market better than anyone else,” he said. “That’s why time and again we create things that change the world. We pursue ideas even though they may fail.”
-Adam Gorlick
