Abstract: Based on the fact that the performance of independent innovation of state-owned enterprises（SOEs）is lower than private enterprises, this article uses grounded theory approach on the annual report of SAIC Motor and Geely to identify the attention perspective and allocation of these two different political embedded enterprises, and explore the allocation mechanism and characteristics in order to explain its effect on technology innovation performance. The result shows that, firstly, the attention perspectives of different political embedded enterprises are the same, which include market, policy, employee and technology. Secondly, the basic allocating rules are the same which confirms to the enterprises’ benefit. Thirdly, the correlation between political embeddedness and the enterprises’ attention to policy may not be positive. Furthermore, organization attention plays a moderating role on the relationship between political embeddedness degree and technology innovation performance.