Founded the World Economic Forum in 1971 as a not-for-profit foundation; has built it into the International Organization for Public-Private Cooperation. 1998, together with his wife Hilde, co-founded the Schwab Foundation for Social Entrepreneurship, supporting social innovation around the world. 2004, founded the Forum of Young Global Leaders, a multistakeholder community of young leaders (30-40 years old) who share a commitment to shaping the global future. 2011, founded the Global Shapers Community, a global network of local hubs in cities around the world bringing together young people (20-30 years old) who are exceptional in their potential, achievements and drive to make a contribution to their communities. 1971 to 2003, Professor of Business Policy, University of Geneva. Academic contributions include the first publication describing the Stakeholder Theory in 1971 and a new approach to global competitiveness in 1979. Studied at the Swiss Federal Institute of Technology in Zurich, the University of Fribourg and Harvard University. Doctorate in Mechanical Engineering and Doctorate in Economics (summa cum laude). Honorary professorships and numerous honorary doctorates. Recipient of an Honorary Knighthood (KCMG) and international and national honours for initiatives undertaken in the spirit of entrepreneurship in the global public interest and for peace and reconciliation efforts.