o:5517 SOURCES OF FUNDING ACADEMIC ENGAGEMENT: EMPIRICAL RESEARCH OF UNIVERSITY OF NOVI SAD AND UNIVERSITY OF BELGRADE en Abstract: The research paper analyzes the various funding sources available to support academic engagement activities among scholars in the Republic of Serbia. The study focused on the two largest and most influential universities, the University of Novi Sad (UNS) and the University of Belgrade (UB). A questionnaire was sent to 3,163 scholars, and 184 respondents' answers were analyzed to compare funding sources. These sources included government grants, foreign (EU) grants, university resources, own resources, private market capital, and venture capital. The study tested for statistically significant differences in funding sources between the two universities and found a significant difference in relation to two sources: own resources and venture capital. The University of Novi Sad had a significant advantage in attracting venture capital. Overall, the study shows that researchers at the two universities use slightly different funding sources to support academic engagement activities. Keywords: sources of funding academic engagement, government grants, foreign (EU) grants, university resources, own resources, private market capital, venture capital 1552099 10.24867/IS-2023-T6.1-4_00741 2024-10-01T09:17:13.421Z 44 yes 46 Đorđe Ćelić Viktorija Petrov person Zoran Drašković Fakultet za ekonomiju i inženjerski menadžment u Novom Sadu person 0000-0002-8647-7680 Zorica Uzelac person Boban Melović person 2023 application/pdf 1594352 https://unilib.phaidrabg.rs/o:5517 no yes 16 70 1552253 2023 19th International Scientific Conference on Industrial Systems 19 267 273 2023