The paper empirically investigates the impact of internal and external acquisition approach on the high-tech industrial innovation performance in China based on the panel data from 1998 to 2008 from the Perspective of Open Innovation created by Chesbrough.The results show that These technology acquisition approach include internal RD、Technology import 、learning-by-exporting、user innovation have positive effects on the innovation performance.FDI technology spillover effect can inspire enterprise innovation,but it also have negative effect;purchase of domestic technology have no positive impact on technological innovation of Chinese local enterprises.The paper puts forward some policy proposals on accelerating technological innovation of Chinese local enterprises on the basis of above findings.