Abstract:To promote high-quality development of strategic emerging industries, the key is to accelerate core-tech breakthroughs and sci-tech achievements transformation. Innovation consortia led by enterprises play an important role in promoting industry-university-research integration and upgrading industrial innovation system. Taking Guangdong enterprise collaboration as an example, this paper analyzes the cooperation pattern and governance mechanism of three types of innovation consortia: private enterprise-led, state-owned enterprise-led and the hybrid type, as well as their specific practices in R&D and achievement transformation. It also studies how to reduce the friction in the coupling process of innovation chain and industrial chain and how to achieve "organized scientific research" under the new nationwide system driven by "effective government" and "efficient market". With distilled theoretical mechanism, this research attempts to provide enlightenment for the high-quality development of innovation consortia. From a policy perspective, it is essential to encourage leading enterprises in both state-owned and private sectors to take the initiative. By constructing an independent legal entity synergy community through shareholder entities, resources can be shared and interest balance mechanism can be set up. This approach also ensures the consistency of innovation value and the fairness of sustainable development, thereby creating a favorable ecosystem for continuously nurturing strategic emerging industries.