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Knowledge-Based Bioeconomy: The Use of Intellectual Capital in Food Industry of Serbia

Author

Listed:
  • Jelena Djordjevic Boljanovic

    (Singidunum University, Belgrade, Serbia)

  • Gordana Dobrijevic

    (Singidunum University, Belgrade, Serbia)

  • Slobodan Cerovic

    (Singidunum University, Belgrade, Serbia)

  • Slavko Alcakovic

    (Singidunum University, Belgrade, Serbia)

  • Filip Djokovic

    (Singidunum University, Belgrade, Serbia)

Abstract

The main objective of this exploratory study was to identify and analyse the indicators of intellectual capital in food industry of Serbia. The study investigated managers’ perceptions of their usefulness, practical application, and factors that influence them. The respondents were surveyed by means of a questionnaire. They were mainly top managers from 18 food organizations, committed to the bioeconomy paradigm. The survey items were divided into three subcategories, namely human, structural, and relational capital. The data were analysed by the SPSS 21 statistical software. The results show that all indicators were perceived as very important, relational capital indicators being the most useful of all. Of all individual items, employee motivation, market share, and employee satisfaction were perceived as the most important. This study provides a perspective on managing intellectual capital in bioeconomy.

Suggested Citation

  • Jelena Djordjevic Boljanovic & Gordana Dobrijevic & Slobodan Cerovic & Slavko Alcakovic & Filip Djokovic, 2018. "Knowledge-Based Bioeconomy: The Use of Intellectual Capital in Food Industry of Serbia," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 20(49), pages 717-717, August.
    • Handle: RePEc:aes:amfeco:v:20:y:2018:i:49:p:717
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    References listed on IDEAS

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    1. Kes McCormick & Niina Kautto, 2013. "The Bioeconomy in Europe: An Overview," Sustainability, MDPI, vol. 5(6), pages 1-20, June.
    2. Komnenic, Biserka & Tomic, Danilo Vlastimir & Tomic, Gordana Radovan, 2010. "Measuring Efficiency Of Intellectual Capital In Agriculture Sector Of Vojvodina," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 4(1-2), pages 1-7.
    3. Mohamed Sherif & Mahmoud Elsayed, 2016. "The Impact Of Intellectual Capital On Corporate Performance: Evidence From The Egyptian Insurance Market," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 20(03), pages 1-47, April.
    4. Schmid, Otto & Padel, Susanne & Levidow, Les, 2012. "The Bio-Economy Concept and Knowledge Base in a Public Goods and Farmer Perspective," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 1(1), pages 1-18, April.
    5. Liliana Feleagă & Niculae Feleagă & Voicu D. Dragomir & Luciana M. Râbu, 2013. "European evidence on intellectual capital: Linking methodologies with firm disclosures," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 63(2), pages 139-156, June.
    6. Ljiljana Kontić & Slađana Čabrilo, 2009. "A Strategic Model For Measuring Intellectual Capital In Serbian Industrial Enterprises," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 54(183), pages 89-118, October -.
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    Cited by:

    1. Chao Liu & Qichen Liao & Wenyan Gao & Shuxian Li & Peng Jiang & Ding Li, 2024. "Intellectual Capital Evaluation Index Based on a Hybrid Multi-Criteria Decision-Making Technique," Mathematics, MDPI, vol. 12(9), pages 1-29, April.
    2. Aygun E. Guliyeva & Marcin Lis, 2020. "Sustainability Management of Organic Food Organizations: A Case Study of Azerbaijan," Sustainability, MDPI, vol. 12(12), pages 1-20, June.
    3. Irina Chiriac, 2019. "Bio-Economy Development in Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 75-82, August.
    4. Magdalena Kozera-Kowalska, 2020. "Intellectual Capital: ISVA, the Alternative Way of Calculating Creating Value in Agricultural Entities—Case of Poland," Sustainability, MDPI, vol. 12(7), pages 1-19, March.
    5. Nawab Khan & Ram L. Ray & Hazem S. Kassem & Sajjad Hussain & Shemei Zhang & Muhammad Khayyam & Muhammad Ihtisham & Simplice A. Asongu, 2021. "Potential Role of Technology Innovation in Transformation of Sustainable Food Systems: A Review," Agriculture, MDPI, vol. 11(10), pages 1-20, October.

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    More about this item

    Keywords

    knowledge-based bioeconomy; intellectual capital; human capital; structural capital; relational capital; intellectual capital indicators; Serbia's food industry;
    All these keywords.

    JEL classification:

    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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