Institute of Science and Technology for Development of Shandong (ISTD), was established in June 1984, under the leadership of the Shandong Academy of Sciences (SDAS). It is a provincial research institute devoted to studying science and technologies in order to promote economic, social, and regional sustainable development, as well as providing decision support for governments. ISTD conducts theoretical and empirical studies on science and technology policies, resource and environment, economy and industries, and innovation and entrepreneurship.

Thus the ISTD consists of four research departments, Science and Technology Policy, Resource and Environment, Economics and Industry, and Innovation and Entrepreneurship. It has Soft Science Research Base for Science and Technology Innovation of Shandong Province, Key Laboratory of Shandong Academy of Science in Scientific Decision Supporting, Research Center of Shandong Academy of Science for Innovation and Entrepreneurship, Research Center of Shandong Academy of Science for Tackling Climate Change，and Science of Science and Technology Management Research Association of Shandong Province. In addition, ISTD is the home to the journal Science and Management, a formal academic journal with national standard ISSN.

ISTD has a relatively comprehensive team, with over 50 staff, including 7 professors and 15 associate professors. Meanwhile 18 of the staff have Doctorate degree and 17 Master, mainly in science and technology management, management science and engineering, computer science, resources and energy, etc. ISTD has signed agreements for long-term exchanges and cooperation with some famous institutions such as Stanford University，University of California at Berkeley，Oxford, Syracuse University in New York and Nagoya University in Japan, the Hong Kong Polytechnic University , Tsinghua University, Dalian University of Technology; and some well-known experts are invited as researchers and advisors. ISTD has carried out all-around cooperation with these institutions by talent exchange, joint projects, platform construction, Journal development, and so on. In addition, it also commits to building postgraduate educational base and conducting jointly training programs, supplying excellent talents in scientific research for the society.

ISTD has taken charge in more than 350 research projects supported by the National Natural Science Foundation of China, Ministry of Science and Technology of China, the Science and Technology Department of Shandong Province. To date, it has been awarded more than 40 prizes from the Ministery and the Department, and published 20 academic monographs and over 320 papers. Moreover, based on the research activities, it has been providing support and intellectual service for decision-making of the Provincial Administration and Communist

Keeping an idea to build the first-class THINK TANK in science and technology development, the ISTD conducts prospective researches surrounding the strategic questions how to develop science and technology enterprise of Shandong Province, proposing development strategies, policies and measures. It also actively provides consulting service and collaborative opportunities for local industrial firms and social organizations, making efficient support for achieving a wealthy and beautiful Shandong Province.