Abstract: Based on revealed relationship between innovation industrial transfer and technology innovation, and through adopting cooperation network structure which have important impacts on their interaction, a more comprehensive theoretical model was constructed. After that the authors collected large sample of questionnaire data and applied Structural Equation Model (SEM) for empirical research. The conclusion indicated that Industrial transfer embedded has a positive role in promoting enterprise innovation performance in less developed areas, and regional innovation network structure played an important role in their relationship; Industry transfer of vertical mainly promoting short-term financial performance of innovation ability, and embedded industrial transfer level mainly promoting long-term strategic performance.