It is crucial to break the bondage on innovative talents growth to improve the speed and quality of reform and innovative development for state-owned enterprises. This paper has investigated the issue on training and motivation of innovative talents in state-owned enterprises. It has analyzed the root causes from the aspects of value guidance, market function and innovation cultures. Meanwhile, it has presented the transformation approach of talents training and motivation from the aspects of international competition, Chinese situation, people-oriented principle, flexible management, etc.