In this paper, adopting a structurationist perspective on technology, we explore the relationship between organizational forms and ICTs when the “matter” to deal with is knowledge production and innovation. The reason why such focus is relevant is twofold. On the one hand it has been widely underlined the importance of knowledge as strategic asset [Stewart 97]. On the other, is because we believe that many KM technology investments haven’t generate the expected results and benefits [Davenport 00]. A structuration theory reading of KM technologies could provide a lens in order to draw some interesting explanations on some problematic aspects of KM implementations and, moreover, on some interesting prescriptions on how future implementations should be approached.