Vision Statement:

The Innovation and Technology Center will continue to produce world-class research in innovation and technology management. It will provide a platform where international researchers, academics, businesses, industry and the public sector work in partnership to find solutions to challenges facing firms and supporting the public sector's industrial development goals in key sectors.

Mission Statement:

• The Innovation & Technology Center (ITC) mission is to:
• Carry out firm-level research on innovation and productivity and their drivers.
• Conduct surveys with international researchers on innovation and technology.
• Collaborate with the government on policy-oriented research focusing on technological and managerial upgradation and adoption of innovations in the manufacturing sector.
• Work with the local Chambers of Commerce and other industrial organizations to promote technological, product, and process innovation in Pakistan.
• Disseminate knowledge by making its scholarly content usable and accessible to the general public by publishing its research findings in leading English and Urdu newspapers.
• Obtain patents for technologies, processes and products developed in the Lahore School of Economics.