Originally Posted by wiki

VTEC (Variable Valve Timing and Lift Electronic Control) is a valvetrain system developed by Honda to improve the volumetric efficiency of a four-stroke internal combustion engine. The VTEC system uses two camshaft profiles and electronically selects between the profiles. It was invented by Honda R&D engineer Ikuo Kajitani[1], and was the first system of its kind. Different types of variable valve timing and lift control systems have also been produced by other manufacturers (MIVEC from Mitsubishi, AVCS from Subaru, VVT-i/VVTL-i from Toyota, VarioCam Plus from Porsche, VVEL from Nissan, etc.).