Professor Klaus Schwab is founder and executive chairman of the World Economic Forum, the International Organization for Public-Private Cooperation. In 1998, he created the Schwab Foundation for Social Entrepreneurship, which seeks to identify, recognize and disseminate initiatives in social entrepreneurship that have the potential to be replicated on a global scale. An engineer and economist by training, Professor Klaus Schwab holds doctorates in Economics (summa cum laude) from the University of Fribourg; in Engineering from the Swiss Federal Institute of Technology; and a Masters of Public Administration from the Kennedy School of Government at Harvard University. He has received numerous international and national honours.