Abstract: Firstly, based on the Global Innovation Index Report, World Intellectual Property Indicators and World Intellectual Property Report released by the World Intellectual Property Organization(WIPO) in recent years, this paper explores the development trends and characteristics of international technological innovation. Then, based on the systematic analysis of the WIPO reports, the paper compares the trends of intellectual property(IP) and technological innovation between China and the five major scientific and technological powers, including the United States, Britain, Germany, France and Japan in the past 20 years, and reveals the progress and gaps of China’s IP development and innovation. Finally, in view of the short comings and weaknesses of IP facilitating technological innovation in China, some directional suggestions and expectations are put forward to further strengthen the innovation driven development of IP policy. Policies and institutional environment that convert innovation efficiently would be established and high quality and original IP will be encouraged; Our ability should be improved to govern the globalization of IP rights, develop the IP system with Chinese characteristics, and promote the integrated development of IP right in an all-round way with the state’s economy and society; It is suggested to give full play to the supporting role of IP think tanks, and strengthen the strategic research of IP and regional innovation policies.

Key words: Intellectual Property (IP), Scientific and Technological Innovation, WIPO Reports, Scientific and Technological Powers