This study aims to analyze the influence of innovation and networking on Knowledge Management and its implications on competitive advantage in Small and Medium Enterprises Event Organizer. The type of research used is quantitative with survey method. Research respondents were 55 people from Small and Medium Business Event Organizer in Jakarta. The data were analyzed using Partial Least Square (PLS). The results show that there is an influence of innovation and networking on Knowledge Management and Sustainability Competitive Advantage in Small and Medium Business Event Organizer in Jakarta.