President Obama seems to understand the role that startups play and the contribution that skilled immigrants make to U.S. economic growth. He has talked a lot about the importance of science and engineering, and expressed fears that, unless we improve our game, China and India will out-innovate us. He even visited Silicon Valley recently to talk to its elite. And he has had his Chief Technology Officer, Aneesh Chopra, make several trips here to the Valley. I commend the President for putting a spotlight on entrepreneurship with his Startup America initiative ; but I can’t help wondering whether this is just a giant press release . It needs more substance: a way for foreign-born entrepreneurs to start companies here and a leveling of the playing field for entrepreneurs wanting to solve government problems. I debated this with Aneesh Chopra, at the Economist Innovation Summit in Berkeley, last week.