o:8685 Evaluation of Intellectual Capitalasa Factorin 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 functionwithinthe company as animportant 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. 1552099 DOI:https://doi.org/10.5281/zenodo.14706657 2025-12-11T09:10:18.352Z 44 no 46 Nenad Perić Institute for Serbian Culture Priština-Leposavić, Leposavić,Serbia 0000-0002-8332-0805 46 Tatjana Mamula-Nikolić Metropolitan University, Belgrade, Serbia 46 Marko Pavlović Academy of Technical Vocational Studies, Belgrade, Serbia application/pdf 667940 https://unilib.phaidrabg.rs/o:8685 no yes 1 70 92000001 71A06 PaKSoM 2024 193 200 2024