Higher education institutions are highly involved in business of knowledge; however they are taking responsibility of knowledge creation, sharing, transferring, storing, dissemination, reuse and learning. The purpose of this paper aims to analyze how knowledge is managed and useful in Higher education institutions. In the present study two of the highly discussed models have been studied i.e Strategic knowledge (SK) and Innovations knowledge (IK) in details. Strategic knowledge states that the basic source of knowledge is tacit and explicit, while at the other hand Innovations knowledge (IK) describes that basic source of knowledge is strategic knowledge. These Two conceptual models are designed keeping in view the available literature and currently practicing models. And finally the conceptual model of strategic knowledge (SK) and Innovations knowledge (IK) are compared. This comparison will be made by keeping in view the usefulness of Knowledge management in Higher education institutions. This paper emphasizes on how knowledge management add value to the Higher education institutions. Keywords: Knowledge management, Strategic Knowledge, Innovations Knowledge, Knowledge growth, Knowledge understanding and Higher Education Institutions.
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