Knowledge is a critical resource for organizations working in dynamically-competitive environments. In any organization, leaders who have the power to incite and influence knowledge creation activities are at a natural advantage in their ability to play a central role in the process of knowledge creation. While researchers have emphasized a strong link between leadership styles and knowledge creation, the role of leadership in knowledge creation activities has attracted scant attention. We argue that decoding the relationship between leadership and knowledge creation is important, as it helps identify leadership activities that facilitate knowledge creation, and thus, build competitive power for organizations. Based on extant literature, we develop five propositions underscoring the role of leadership in knowledge creation processes. Ultimately, a theoretical model establishing links between leadership, knowledge creation activities, and possible outcomes of these leadership activities is attempted.