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Knowledge is a crucial resource for organizational functioning, innovativeness, performance, and competitiveness, and it is believed to be the last competitive advantage that organizations have, be it academic or corporate, small to medium enterprises, and non-government and government organizations. Thus, an understanding of the knowledge creation, conversion, and transfer process is important not only for the development of society, but for the growth and development of organizations. 

This paper reports the conceptual understanding of the general knowledge creation and transfer process, which understanding if appropriately applied, could hold organizations in good stead, place them at the forefront of innovation and, help them gain a competitive advantage. What seems lacking in the literature is the application of the knowledge creation, conversion, and transfer process, for example, in a post-graduate research environment, where knowledge co-creation takes place. 

information, knowledge management, knowledge creation, knowledge conversion, knowledge transfer.