o:7166 Evaluation of intellectual capital as a factor in the development of business systems industries en This paper analyzes the role of intellectual capital ie intellectual property in economic and social development, as well as its function within thecompany asan important and often crucial development factor. Furthermore, thispaperexplainstheknowledge-basedeconomy as a fundamental change in the economy and its logical path of development. The focus of this paper is on methods and models for measuring intellectual capital. The authors present and analyze quantitative and qualitative methods and approaches, and in the conclusion, they provide a critical review and propose a new direction for measuring intellectual capital. Apart from the above, an example of assessing the value of intangible assets of small and medium-sized enterprises from the countries of the European Economic Area is provided. intellectual capital, knowledge economy, indicators, quantitative, qualitative 2025-03-04T08:50:09.671Z 44 yes 46 Nenad Perić InstituteforSerbianCulturePriština-Leposavić,Leposavić,Serbia 0000-0002-8332-0805 46 Marko Pavlović Academy of Technical Vocational Studies, Belgrade, Serbia 46 Tatjana Mamula-Nikolić MetropolitanUniversity,Belgrade,Serbia application/pdf 248365 https://unilib.phaidrabg.rs/o:7166 no yes 1 70 1552253 71A06 PaKSoM 2024 2024