There is controversy in Biden’s generalization that democracy is a prerequisite for successful entrepreneurship. Entrepreneurship is about managing risk, which includes political risk. Entrepreneurs flourish in any setting, not just democratic ones. In this sense, Biden’s argument is persuasive because he refers to countries that have successfully used the model, but it is not conclusive. There are non-democratic countries that have still demonstrated a great capacity to innovate. In fact, democracy as we know it today cannot fully explain the success experienced by civilizations in the past.My reaction to this speech is that I find it motivational and persuasive in the ideas that it advances. As a person, I feel that there is opportunity for me to flourish in any environment provided I remain true to the tenets of entrepreneurship. In addition, I feel that I have gained a certain degree of intellectual respect for the role democracy plays in the development of a society. However, I also feel that Biden pushed the issue of democracy too much to the extent that it seems like the only workable system under which an economy can prosper.I found it surprising that Biden chose to dedicate a good part of his speech on niceties. For a forum like this one, I expected a more formal introduction and a business-like tone. This does not mean that the speech lacked seriousness. It only means that Biden chose to use a relaxed approach. It may be because he was seeking to pass on an idea in a manner that did not sound patronizing. I also noted that he quoted and mentioned Obama severally in his speech, which is quite fitting for his position as the Vice President of America. It. Reaction to Joe Bidens Speech at the Entrepreneurship Summit in Istanbul, Turkey.
Works CitedBiden, Joe. "Remarks by Vice President Joseph Biden at the Entrepreneurship Summit: Istanbul, Turkey." 3 December 2011. The White House. 6 December 2011 <http://www.whitehouse.gov/the-press-office/2011/12/03/remarks-vice-president-joseph-biden-entrepreneurship-summit>.
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