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In the trend of the new economy, Science & Technology Services (S&T services) have played an important role in the course of innovation and entrepreneurship activity. This paper describes the function orientation of science & technology services, and research the interaction between S&T services and tertiary industrial sectors. The path of interaction demonstrates in the following four aspects: supporting agricultural modernization, promoting traditional industry transformation, fostering new industries and accelerating modern high-end services. Using input-output model, this paper examines interactive effects between S&T services and tertiary industrial sectors. In addition, it also makes suggestions on driving industrial transformation and upgrading by promoting the development of Science & Technology Services.

Research on the Development Path of Science & Technology Services to Drive Industrial Transformation and Upgrading