Brief on IUET

"IUET - International University of Entrepreneurship and Technology Association"

IUET - International University of Entrepreneurship and Technology FoundationThe original initiative leading to the establishment of the International University of Entrepreneurship and Technology Association (IUET) was taken in 2009. At the time, eight high-level representatives of the Swedish system for higher education and research, including the then Chancellor of Higher Education and several university presidents, signed the founding documents in personal capacity.

:: Purpose and objectives

IUET’s agenda aimed to reflect that learning in the present era goes well beyond traditional schooling and university studies. It is essential for all societies to stimulate a holistic approach that spans all stages of learning, from early age, across different kinds of institutions, including vocational training and learning in the work place, and throughout life. IUET brought together strong and diverse experience of innovative training and education across different disciplines, and also cross borders from around the world. Geographically, IUET put particular focus on translating lessons and insight into reform and renewal of education in emerging and developing economies. In all countries, however, it is important with active search of constructive renewal and innovation.

IUET placed particular importance on paving the way for ventures capable of breaking new ground uniquely tailored to each location. In this, IUET aimed to promote collaboration among relevant stakeholders, public and private, academic and non-academic. Representation of civil society, including student unions and other student bodies, featured strongly as well. In regard to the latter, IUET contributed to the preparations and implementation of activities by the World Student Union on Sustainability (WSCSD), including with its annual summits in Europe (Switzerland), Latin America (Colombia) and Africa (Kenya) (link) Attempts to support a similar world event in the Middle East (Abu Dhabi), in connection with the bi-annual Ecocity Summit, stalled in 2015.

:: Measuring Competitiveness with the World Economic Forum and Deloitte

The activities of IUET picked up in 2011, when the organisation replaced the Stockholm School of Economics as the Swedish Partner Institute of the Centre for Global Competitiveness and Performance of the World Economic Forum (WEF), Geneva. In 2013, the legal status of IUET found its eventual form, as a non-profit association, without financial interests of its own.

The responsibilities of IUET as partner of the WEF, included preparing the distribution of the questionnaire for business executives to a statistically representative sample within Swedish industry, support executives with factual information and secure an orderly process of collecting a satisfactory response rate. Additionally, following the preparation of global data based and conclusions on competitiveness by the World Economic Forum Secretariat in Geneva, based on the comparisons of the results of the questionnaire as well as analysis of official data, the task included further interpretation of the results from the Swedish perspective and to take the lead in the presentation and communication of the results in Sweden. From time to time, IUET representatives further took part in international expert meeting organised by the World Economic Forum.

In December 2018, IUET opted to terminate its position as Swedish Partner Institute with the Centre for Global Competitiveness and Performance of the World Economic Forum (WEF), reflecting the failure of mainstream policy benchmarking to respond to the increasingly acute challenges of sustainable development, and as reflected in the deteriorating status of economic policy governance around the world. On the following pages, we outline the reasons for this stance and indicate a way forward.