o:2501 The significance of R&D activities for managing intellectual capital of enterprises en Enterprises are developing, increasing their profits, value and competitiveness based on successful synergies of human, structural and relational intellectual capital. In addition, R&D (Research and Development) has been acknowledged as a crucial contributor to the competitive advantage in today’s competitive market. By performing R&D activities, companies create, develop and use intellectual resources (the knowledge of employees and managers, the knowledge contained in technology and processes), which are valorized on the market and converted into a certain value. R&D is the primary source of knowledge stored within individuals in the enterprise. The most generally used indicators of R&D outputs are patents and innovations, and very important components of structural intellectual capital. Both of these indicators are used to evaluate a company’s technological strength and capabilities. BH Economic forum, Vol. 14, Ekonomski fakultet u Zenici, Bosna i Hercegovina 1552099 10.5937/bhekofor2101117K 2024-03-30T23:42:48.820Z 44 yes 46 Bojan Krstić Faculty of Economics, University of Niš 0000-0003-4597-6819 2021 46 Ivana Janjić Innovation Center, University of Niš 0000-0003-3142-8467 46 Milica Jovanović- Vujatović Faculty of Economics, University of Niš 0000-0002-6410-0938 46 Sandra Milanović Faculty of Economics, University of Niš 0000-0002-0582-045X application/pdf 1077869 https://phaidrani.ni.ac.rs/o:2501 no yes 18 70 92000001 18A15