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Max Schmidheiny Stiftung

Development of the activities of the Max Schmidheiny Foundation with the focus on "entrepreneurship and Risk" - Foundation of a Max Schmidheiny Professorship planned at the University of St. Gallen

St. Gall (ots)

In line with the concept: "Entrepreneurship and
risk" the Max Schmidheiny Foundation is placing its commitment to a
stronger relationship between business, politics and society at the
centre of its activities. Accordingly, it will establish an
initiative that will reinforce the dialogue between the younger
generation of entrepreneurs, politicians and representatives of civil
society. And in the tradition of the Max Schmidheiny Freedom Prize,
it will found a Max Schmidheiny Professorship at the University of
St. Gallen.
Since its inception in 1978, the Max Schmidheiny Foundation has
been committed to a free economic and social order. During the last
25 years, it has honoured individuals and institutions by presenting
its freedom prize for exceptional scientific, political and
entrepreneurial initiatives and achievements that safeguard
individual freedom and responsibility. Prize winners include
economists like Jagdish Bhagwati and Hernando de Soto, entrepreneurs
like Nicolas Hayek, Hans Merkle, Jorma Ollila or N.R. Narayana
Murthy, and politicians like Gaston Thorn, Hanna Suchocka, Romano
Prodi and Kofi Annan. The diverse fields of influence of the
individuals thus honoured, and the award of prizes to institutions
like the International Committee of the Red Cross, Radio Free Europe
or the Economist, reflect the founder's intention to encourage a
special commitment to freedom in a comprehensive, social sense.
Within a political and social environment that has undergone
deep-rooted change, and with the intention of continuing its
substantial contribution to social development, the Max Schmidheiny
Foundation has decided to develop its activities. In its analysis of
the role of the economy in a socio-political context, in the spirit
of the Freedom Prize, it will in the years to come focus on the
topic: "Entrepreneurship and risk". In so doing, it will both
maintain and intensify its close association with the University of
St. Gallen and the International Students' Committee (ISC), which has
existed since its foundation.
Reflecting on the general theme of the 34th ISC-Symposium
"Challenges to Growth and Prosperity", Dr. h.c. Thomas Schmidheiny,
Member of the Board of Trustees, emphasised the undiminished
significance of freedom as a guiding principle of a society that
currently sees itself confronted by numerous challenges, and subject
to a new set of paradigms that are prone to inflict change on the
course of entrepreneurial value creation. He looked back on the high
points in the Freedom Prize's rich history, and took a critical look
at the current entrepreneurial environment.
From the conviction that a free economic and political order can
only have substance if distinguished by a high level of mutual
understanding and sustainable collaboration between business,
politics and society, in the following months the Max Schmidheiny
Foundation will establish an initiative that will strengthen a
constructive and topical exchange amongst the younger generation of
entrepreneurs, politicians and representatives of civil society.
In order to stimulate the academic discussion, in the tradition of
the 25 years of the Freedom Prize the Max Schmidheiny Foundation is
planning to found a Max Schmidheiny Professorship at the University
of St. Gallen. The professorship is intended to enable more intensive
research and academic discussion in areas that are of key
significance for securing a free society in the future. It is also
intended to be a symbol of the bond that exists between the
University of St. Gallen and the Max Schmidheiny Foundation. Max
Schmidheiny Foundation at the University of St. Gallen
Further information: http://www.ms-foundation.org, and
                        http://www.isc-symposium.org

Contact:

Max Schmidheiny Foundation
at the University of St. Gallen
PO. Box 1045
CH-9001 St. Gallen
Phone +41/71/227'22'22
E-Mail: pr@ isc-symposium.org
Internet: http://www.ms-foundation.org and
Internet: http://www.isc-symposium.org

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