In technical organizations, knowledge is often the raw material as the product of their work. In this article, the author tries to highlight: Do these organizations – known for their innovation – create, manage, or leverage their knowledge more effectively than other organizations? Is the way they manage knowledge part of the reason, these organizations are so innovative? Obviously the answer is “Yes”. Further, you will also find in this article, how innovative organizations manage their knowledge and how to approach knowledge management to drive innovation