TOKYO -- Talent has replaced capital as the definitive factor for success, the founder of the World Economic Forum told the Nikkei Asian Review, as he stressed the need for the world to build new social and economic systems in the wake of the novel coronavirus pandemic.
"What we have to recognize is that entrepreneurship is actually the essence of capitalism today," said Klaus Schwab, the host of the annual meeting in Davos, Switzerland, in a recent video interview.
