Researching indicators of organizational intellectual capital in Serbia

The purpose of this paper is to provide an appropriate model for IC reporting in the transitional economic system of Serbia.

The existing methods of IC reporting as well as the actual needs of organizations in Serbia related to measuring IC (i.e. key influencing factors of IC) and their unique features represent the fundamentals of an adequate model for IC reporting.

A group of selected IC indicators in Serbia differs from typical relevant indicators mainly due to the specifics of the environment. Preliminary investigation of organizational IC in Serbia was carried out and a number of initiatives for improvement and development of the existing IC have been suggested.

An implementation of the proposed model is limited to the observed environment. The suggested group of indicators should be viewed more as a basis for a general application of IC reporting and management in Serbia, rather than an absolutely accurate model for IC measuring. Despite its limitations, the model can be utilized as a starting point for IC management research.

Selecting a group of relevant indicators that are adapted to particular environmental features simplifies IC measuring and contributes to IC reporting and management in Serbia.

Even though there exist numerous methods for IC measuring, this research provides an insight into the specific features of IC and enables the fine‐tuning of the existing methods. An objective and accurate model for general implementation of IC reporting and management is developed for a transitional environment.