- Undertake, support, promote and coordinate research in the field of management, entrepreneurship, business history, and other subjects of socio-economic research in any area.
- Disseminate knowledge through a vast collection of published and unpublished books and manuscripts, and maintain these in the business history museum and library for the advancement of education and research.
- Conduct positive interventions in the development of entrepreneurial skills in order to facilitate the right blend of entrepreneurs that the Indian economy requires for sustained growth.
- Work independently or in partnership with national and international voluntary organisations for the improvement of the urban and rural economy.