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"
Global Irish Economic Forum the "“interest in and commitment to" of those who attended, saying the event showed that Ireland is "considerably more than an island on the edge of Europe, but the centre of a vast networked community". Martin Murphy, managing director of Hewlitt-Packard Ireland, saw it as an opportunity to "truly begin positioning this small, export-driven country for real and sustained economic renewal and growth". Global Irish Economic Forum The Global Irish Economic Forum is a biennial conference held in Dublin, Ireland. Inspired by the World Economic Forum in Switzerland, international figures from the worlds of business and culture attend the event.