The objective of this paper is to reveal the research hotspots and trends of policy coordination by visualizing the domestic and international research. Based on the literature index of SSCI and CSSCI, the relevant literatures from the earliest year included in index to 2019 were taken as the research object. Under the guidance of CiteSpace keywords co-occurrence analysis and burst detection of high frequency keywords, we found: The research scope of policy coordination extends from financial and monetary policies to policy fields such as environment and climate. Foreign research focuses on the coordination behavior among policymakers, and institutional factors are introduced into policy coordination research. Compared with foreign research, domestic research pays more attention to the mechanism and evaluation of policy coordination. Our research shows that attention paid on the policy coordination in innovation at home and abroad is not enough. In the future, the cooperative research among disciplines is encouraged. It needs to pay more attention on the innovation policy coordination under China’s political background, as to promote the integration of theory and practice.