People are one of the most strategic assets for an organization, hence when they are managed well, they will be the source of an organization’s competitive advantage, and the organization that can manage and produce continual innovation will maintain its competitive edge. The number of corporate universities has substantially increased since the 90’s, and some researchers have noted that corporate universities can be a related to production of innovation. Knowledge management somehow plays an important role in managing new and existing knowledge gained from a learning activity. Bina Nusantara (BINUS) a leading organization in education business, is currently known as the only entity that has implemented a corporate university in Indonesia. This research will analyze the role of the corporate university program in building innovation capability through knowledge management; however, only limited related research has conducted empirically. Using the SEM PLS analysis method, research is conducted through the “Best Employee of BINUS” program which considers a “Best Employee” an organization’s representative who guarantees the continuity of the a corporate university program, and its organizational capability via knowledge management.