About the author

Klaus Schwab

<strong>Professor Klaus Schwab</strong> (1938, Ravensburg, Germany) is the Founder of the World Economic Forum. In 1971, he published <em>Modern Enterprise Management in Mechanical Engineering</em>. 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.<br>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.<br>In 1972, in addition to his leadership role at the Forum, he became a professor at the University of Geneva.<br>He has received numerous international and national honors, including 20 honorary doctorates.<br>His books include <em>The Fourth Industrial Revolution</em> (2016), a worldwide bestseller translated into 30 languages,<em> Shaping the Future of the Fourth Industrial Revolution</em> (2018), <em>The Great Reset</em> (2020), and <em>Stakeholder Capitalism</em> (2021).