One major challenge for knowledge management is the governance for the stick organizational knowledge. To respond to this challenge, organizations need to clearly identify and understand the knowledge flows generated in knowledge activities. Building on such understanding, organizations can design knowledge governance mechanisms effectively. The essence of knowledge governance perspective (KGA) is effective organizing of knowledge flows. The present paper aims to review the core concepts and implications of KGA. Furthermore, the paper discusses the research implications of and constructive variables in KGA on the popular KM imperatives: knowledge sharing and creation. Finally, the paper proposes potential directions of future research for the knowledge governance research per se.