With providing a practical view of the current position of intellectual property, this paper notes the differing problems that need addressing in R&D and technology transfer in China. For analyzing how to bridge public and private, and science and business, this study presents several cases that incorporate the main mechanisms and processes necessary for stimulating innovation and creation of technology. Specifically, the paper points to the increasing value of R&D crowdsourcing based on innovation contest through accessible innovation platform service. For how these services achieve the performance, this study presents such a tool in the form of a function model that helps in understanding what types of innovations can potentially choose and which innovative activities and collaborations are most clearly associated with improved performance systematically and strategically. Then we close by suggesting applications to technology transfer and IP services for future innovation in developing countries.