Klaus Schwab

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Klaus Schwab at the World Economic Forum (2008)
Acceptance speech by Klaus Schwab on the occasion of the award of the Reinhard Mohn Prize (2016)
Schwab during the Young Global Leaders Annual Summit 2019

Klaus Martin Schwab (born March 30, 1938 in Ravensburg ) is a German economist . He is the founder and executive chairman of the World Economic Forum and other foundations .

Life

Schwab grew up as the son of a factory director in Ravensburg, Upper Swabia , and attended the Spohn grammar school there . He studied mechanical engineering at the ETH Zurich , where he received his doctorate in technical sciences (Dr. sc. Techn.) In 1965 . He studied business administration at the University of Friborg until 1963 , where he received his doctorate in economics (Dr. rer. Pol.) In 1967. He also studied at Harvard University , where he received a Master of Public Administration (MPA) degree .

From 1972 to 2003 he was Professor of Corporate Policy at the University of Geneva .

In 1971 he published the book Modern corporate management in mechanical engineering , in which he explains that companies to be successful in the long term, not just the interests of shareholders, but all interested parties ( stakeholders need to operate). In the same year he founded the charitable foundation European Management Conference , in 1987 the World Economic Forum ( World Economic Forum , WEF has been renamed). Every year, it brings together leaders from international business in Davos, Switzerland, originally to discuss modern management concepts . Politicians have also attended the meeting since 1974. Over the years, Klaus Schwab developed the foundation into a global communication platform for economic and political elites and intellectual thought leaders.

The annual meeting in Davos is seen by globalization critics as a symbol for the exercise of power by a neoliberal elite over the heads of those affected and has repeatedly been the target of protest actions. In 2012 Schwab himself put the issue of capitalism criticism on the agenda.

The World Economic Forum also organizes regional conferences around the world and publishes reports. The first was the Global Competitiveness Report in 1979 , which the World Economic Forum has published annually since then. He reports on the competitiveness of business practice around the world.

In 1998, Schwab and his wife Hilde-profit Schwab Foundation for Social Entrepreneurship , in 2004 he founded with his prize money of one million US dollars for the prestigious Dan David Prize , the Foundation The Forum of Young Global Leaders .

Schwab is a member of the supervisory and administrative boards of several international companies. He has received numerous medals and awards and is honorary doctor of several universities. He is also a member of the Steering Committee of the Bilderberg Conferences .

Schwab has been married to the Swiss Hilde Schwab since 1971 and has two grown children. He lives in Cologny near Geneva, where the administration of all his companies is also located.

Honors (selection)

Publications

  • The longer-term export credit as a business problem in mechanical engineering (examined using the example of the Federal Republic of Germany) , Offenbach 1965 (also dissertation from ETH Zurich)
  • The export credit. Notes for the German exporter , Frankfurt am Main 1966
  • Public investment and economic growth , Ravensburg 1966 (also dissertation from the University of Friborg)
  • Modern company management in mechanical engineering (with Hein Kroos), Frankfurt 1971
  • Opportunity management , Düsseldorf 1976
  • Overcoming indifference. Ten key challenges in today's changing world. A survey of ideas and proposals for action on the threshold of the twenty-first century (editor), New York 1995
  • The Fourth Industrial Revolution , 2016 (book on demand). German: The Fourth Industrial Revolution . Translated from the English by Petra Pyka and Thorsten Schmidt, Pantheon Verlag, Munich 2016. ISBN 978-3-570-55345-9 .

literature

  • Joachim Dorfs, Claus Larass: “I almost see myself as an artist”. Davos founder Klaus Schwab . In: Bernd Ziesemer (Ed.): Pioneers of the German economy . Campus, Frankfurt am Main 2006, ISBN 3-593-38121-4 , pp. 113-124.
  • Klaus Schwab in the Munzinger archive ( beginning of article freely accessible).

Movie

Web links

Commons : Klaus Schwab  - Collection of images, videos and audio files

Single receipts

  1. ↑ Carsten Knop: Loss of Trust and Criticism of Capitalism FAZ, January 28, 2012
  2. ↑ List of all decorations awarded by the Federal President for services to the Republic of Austria from 1952 (PDF; 6.9 MB)
  3. ↑ WEF founder Klaus Schwab does not receive a Swiss passport. Handelszeitung , November 12, 2019.
  4. ↑ 改革 开放 40 年 ， 获 “中国 改革 友谊 奖章” 的 十个 外国 友 人是谁 _ 澎湃 国际 _ 澎湃 新闻 -The Paper. Retrieved December 18, 2018 .
personal data
SURNAME Schwab, Klaus
ALTERNATIVE NAMES Schwab, Klaus Martin
BRIEF DESCRIPTION German economist, founder of the World Economic Forum
DATE OF BIRTH March 30, 1938
PLACE OF BIRTH Ravensburg