The purpose of this study is to investigate empirically the impact of the intellectual capital investment on organizational innovation in Jordanian industrial public shareholding listed companies (JIPSLC). Correlation analysis and regression analysis was conducted. The application of this study was limited to managers and deputy managers in (JIPSLC) in 2012, and the result of this study on the implications of validity and reliability of the tools in the study was used. The result support the hypothesis that the positive relation between intellectual capital investment, and organizational innovation. The results extend the understanding of the role of IC in creating organizational innovation and building competitive advantage for (JIPSLC). Some guidelines are offered about issues related to IC, which should be taken into account in order to increase organizational innovation within (JIPSLC).