Forbes publishes the article of Professor Richard Vedder on Kutaisi International University - New University leaders are creating a higher education “Golden Age”

 17/09/2020

 

“Forbes” publishes an article on Kutaisi International University by Honorary Professor at Ohio State University, Richard Vedder.

The article was published on September 14 under the title: “A New Georgia Tech Arrives Tomorrow: It Looks Promising”.

“One of America’s highest ranked universities with a heavy emphasis on the STEM disciplines (science, technology, engineering, and mathematics) is the Georgia Institute of Technology. Tomorrow, however, a new “Georgia Tech” begins operation, specifically Kutaisi International University (KIU), located in Georgia, nine times zones from the U.S.’s Georgia Tech in what is aptly termed “Eurasia,” somewhat European in character, but also with the location and many attributes of some Asian lands. I attended a Zoom webinar with leaders of the new school and I felt excited, thinking that they potentially are creating a new higher education Golden Age in a part of the old Soviet Union.” - writes the author of the article.

As noted in the article, Bidzina Ivanishvili and his “Cartu” Foundation have given nearly $1.2 billion to establish KIU.

“KIU emphasizing scientific fields and business management at first; although, probably offering a smattering of humanities-type courses. To get expert guidance, KIU’s Rector Alexander Tevzadze and his colleagues called on Prof. Dr. Wolfgang Herrmann, who served for 24 years as the successful president of the Technical University of Munich (TUM), rated one of continental Europe’s top five schools in international rankings of universities. KIU also is bringing in several professors from TUM to help at the beginning.  To be sure, Covid-19 has slowed things down, but only a bit. Instead of the anticipated 1,000 students initially, KIU expects about 250 students to show up for classes beginning tomorrow. The school aims to be high quality, with selective admissions, hoping to draw students from many countries, a near necessity given Georgia’s modest population of about four million.  It is perhaps ironic that a country that gave the world Josef Stalin and Lavrentiy Beria (Stalin’s top secret police officer) is starting a university that in large part imitates the American model (a residential school with student dormitories), and, similar to Stanford, the University of Chicago and Johns Hopkins universities in 19th century America, was created by the philanthropy of a wealthy businessman.” – the article says.

In addition, the author of the article says that “Long term, I doubt KIU’s goal of 60,000 highly qualified students is doable without enormous international support, and certainly that will require some new funding from state subsidies, research grants, further donations and/or student fees. Still, I also think successful enterprises usually come from visionaries who think big.

Steve Jobs started a business, Apple Computer, in his parents’ garage that, less than a half century later, is a two trillion dollar enterprise. Long term, if KIU is to grow very large, it is likely it will have to expand its emphasis beyond the STEM disciplines. Booming nations need scientists and engineers, sure, but also accountants, architects, financial service gurus, playwrights, economists, philosophers, and possibly even a sociologist or two. The location in Kutaisi seems to me, who has never visited there, a smart move.” – the article says.

As Richard Vedder writes, “the country and KIU remind me of America during its Golden Age for higher education”.

“The nation has high economic growth, like the U.S. in the 1950s and 1960s. In the five years before Covid (2014 to 2019), Georgia’s per capita income rose an extraordinary four percent per year, adjusting for inflation. That equals, roughly, the experience of other formerly Soviet-controlled territories and some neighbors (e.g., Poland, Estonia, Armenia) now free of the Soviet yoke and current Russian territorial mischief and rampant plutocracy; these countries could supply KIU with students. The country is Western-thinking, optimistic and rapidly growing, unlike current America and western European welfare states mired in protests, disunity and low economic growth. KIU may well flounder. But it seems to have a good plan, excellent German guidance, and lots of youthful aspiration and exuberance. I, for one, will be watching its future sympathetically and carefully.” – notes the author of the article.