Circumstances that changes in time require firms to have different skills in order to survive and acquire competitive advantages. Today’s intensive knowledge environment makes knowledge transfer and integration to create new knowledge crucial to be able to obtain valuable knowledge. In this study, factors that affect knowledge creation capability that are important for firms are discussed. Within this context, transactive memory systems, collective mind and innovative culture variables are studied as the antecedents of knowledge creation capability. According to the study conducted with 267 firms operating in software sector at the technology development sites in Istanbul and Ankara, empirical results demonstrate that transactive memory systems, collective mind and innovative culture variables do have positive effects on knowledge creation capability.