The target is to have WIEE recognized as an internationally influential expo for the best in innovation and entrepreneurship. As such, it would be a model for innovation and entrepreneurship education. WIEE will materially and generally drive the improvement of innovation and entrepreneurship education in China. At the same time WIEE recognizes the national strategy of “promote development by innovation” and the construction of Shanghai global scientific innovation center. To support these endeavors WIEE will realize the following core functions:
a.Transformation of scientific and technological achievements by:
i.building an incubating chain of “College—Maker space—Incubator—Accelerator—WIEE zone—Market transformation.”
ii.creating an innovation and entrepreneurship ecological environment to promote the real economy to accelerate the transformation of scientific and technological achievements, and expedite new technologies, industries, business forms and modes. 

b.Build a cooperation platform by:
i.centralizing and using the global innovation capacity to build a world class platform for the exhibit of scientific innovation and cultural innovation achievements,
ii.carrying out all-around, multi-level, and extensive exchange and cooperation on innovation and entrepreneurship.
iii.creating a cross cooperation platform mechanism for entities in the new value chain, and bring forward models of innovation and entrepreneurship. 

c.Train innovation talents:
i.To satisfy the demand for national major strategies against global challenges.
ii.With a focus on cutting-edge technologies.
iii.To clarify the innovation orientation, enrich the entrepreneurship practices, bring innovation and entrepreneurship talents together, cultivate the innovation and entrepreneurship culture, train talents with innovation consciousness and comprehensive qualities, and give impetus to innovation and entrepreneurship ecological system. 

d.Economic and social service
i.Combine Chinese practices and opportunities with global cutting-edge technology and development in an organic way to establish a regional innovation center from theory to practice and from originality to industry.
ii. Create an innovation and entrepreneurship ecological system organically integrated with industrial capital, human capital, finance capital and knowledge capital to support transformation and development of economy. 

e.System and mechanism innovation
i.Follow the principle of internationalization, brandification and specialization along the main line of extensive and deep broadcasting around the core of communication and cooperation, to create a new co-innovating, co-existing and co-sharing mechanism which can be demonstrated, reduplicated and generalized for innovation and entrepreneurship integrated with education, scientific research, industry and capital based on top grade meetings, exhibitions and road shows.