World Economic Forum its name to the World Economic Forum in 1987 and sought to broaden its vision to include providing a platform for resolving international conflicts. In the summer of 1971, Schwab invited 444 executives from Western European firms to the first European Management Symposium held in the Davos Congress Centre under the patronage of the European Commission and European industrial associations, where Schwab sought to introduce European firms to American management practices. He then founded the WEF as a nonprofit organization based in Geneva and drew European business leaders to Davos for the annual meetings each January. Schwab developed the "stakeholder"
Nishinippon Business Forum the dialogue between the countries (especially Japan and Italy) and creating new opportunities of business and partnerships for the development of their own country’s economy. The Nishinippon Business Forum was founded by Daniele Di Santo, currently president of the Japan Italy Economic Federation (JIEF). As well as the usual conference about ‘’Perspectives and scenarios for new international synergies: the role of Nishinippon on the global economic field’’ that takes place every year, some activities of the forum cover firm-related tasks, institutional meetings and publishing of documents and report regarding the annual topics. During the 6th edition, the Forum focused on