Fix the HEC April 8, 2021 The vision of HEC is to serve as an engine for the socio-economic development of Pakistan through human resource development and research. Its mission, among others, includes raising enrollment levels, improving quality, offering scholarship programs for faculty development, strengthening and creating a culture of research, developing international linkages, improving regulatory framework, and the financial sustainability of higher education institutions. The socio-economic development of a country is attained through building up a knowledge economy. The World Bank identifies education and skilled force, information & communication technologies, and innovation as three of the four key pillars of the knowledge economy.