Abstract:The commercialization of scientific and technological achievements in universities and research institutions essentially resides in the optimized allocation of innovative elements and is aimed at stimulating new productive forces. Driven by national and regional policies, China's scientific and technological achievements are increasingly prone to commercialization and application. Nevertheless, there still exist predicaments such as abundance without refinement, mismatch in maturity, and misalignment in connection. The academic circle has carried out numerous discussions on the precise distribution of innovative elements in universities and research institutions. In this regard, starting from four types of entities: the government, enterprises, universities and research institutions, and technology intermediary institutions, a structured investigation combining literature research, questionnaire survey, and on-site interviews is adopted to comprehensively take into account the responsibilities and pain points of the government, enterprises, universities and research institutions, and technology intermediary institutions. The research findings indicate that the four types of entities generally hold that the disparity between the research and development direction and the technological maturity of scientific and technological achievements in universities and the demands of enterprises constitutes the most significant obstacle at present; The output value and tax revenue of enterprises engaged in the commercialization of scientific and technological achievements are the most prominent indicators for assessing the effectiveness of transformation; The role of technology intermediary institutions in fostering an innovative atmosphere and promoting collaborative innovation among government, industry, universities, research institutions, and users is gradually gaining attention. Therefore, universities should prioritize enhancing the awareness and capacity of scientific and technological achievement transformation and industrialization among scientific researchers, and fully utilize external forces to intensify the promotion and publicity of scientific and technological achievements and enhance the efficiency of the allocation of innovative elements.