The University envisions to contribute to nation building by producing experts, knowledge and technological innovations. Technological innovations as outputs from researches in the University can lead to the development of commercial products. In the present knowledge-based economy, innovation is the most efficient means to sustainable economic growth. Protection of innovations and other related works of the university researchers through IP rights ownership are deemed necessary. These intellectual property rights in practice can generate wealth while creating impact to a wider community. This is where the work of the technology transfer comes in, to transfer scientific findings from one organization to another for the purpose of further development and commercialization.

In essence, innovation is invention plus commercialization. The emphasis is on securing intellectual property and serving as steward of the newly created asset in such a way that it creates value for the university and the community through various modes: licensing, start-ups/spin-offs, joint venture and outright sale.