Abstract:Scientific and technological innovation is becoming the driving force for accelerating Chinese great rejuvenation. The universities are the backbone of scientific and technological innovation in. The low transferring rate of scientific and technological achievements in Chinese universities has seriously restricted the upgrading of science and technology innovation ability and industrial structure to a certain extent. The nature of science and technology was explored to explain their differences and interaction in the philosophy, the path, the practice and the impact. On the basis of the discussion, the essence and bottom-up hierarchical features of the science and technology achievement transformation were revealed. Through analyzing the reason of the low transferring rate of scientific and technological achievements in Chinese universities, the suggestions were demonstrated.