The Global Competitiveness Report 2009 - 2010

Professor Klaus Schwab (1938, Ravensburg, Germany) is the Founder and Executive Chairman of the World Economic Forum. In 1971, he published Modern Enterprise Management in Mechanical Engineering. He argues in that book that a company must serve not only shareholders but all stakeholders to achieve long-term growth and prosperity. To promote the stakeholder concept, he founded the World Economic Forum the same year. Professor Schwab holds doctorates in Economics (University of Fribourg) and in Engineering (Swiss Federal Institute of Technology) and obtained a master’s degree in Public Administration (MPA) from the Kennedy School of Government at Harvard University. In 1972, in addition to his leadership role at the Forum, he became a professor at the University of Geneva. He has since received numerous international and national honours, including 17 honorary doctorates. His latest books are The Great Narrative (2022), Stakeholder Capitalism (2021), The Great Reset (2020), Shaping the Future of the Fourth Industrial Revolution (2018), and The Fourth Industrial Revolution (2016).