Abstract With China's economy entering the"new normal",the IndustryAcademiaResearch collaborative innovation is becoming more and more in the field of innovationdriven, giving deep exploration in the theory and practice of collaborative innovation which is conducive to the transformation of scientific and technological achievements into real productive forces. The essence of the IndustryAcademiaResearch collaborative innovation is to create the science and technology production relations. The relations is formed under the condition that science and technology become the first productive force which has the duality characteristic, that is, the commonness of content composition and the characteristic of function composition. The content composition should be established through the protection of intellectual property rights to form the synergies and complementary effects and establish the mechanisms for reciprocal contribution and distribution. The function composition should be established by speeding up the industrial innovation by choosing a reasonable mode of IndustryAcademiaResearch collaborative innovation mode and allocating innovation chains according to industrial innovation chains. The above discussion further deepens the theory of IndustryAcademiaResearch collaborative innovation and also provides corresponding philosophical guidance for the relative practice.