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Faculty of Organizational Science, University of Belgrade , Belgrade , Serbia
Faculty of Management, Union University "Nikola Tesla" , Belgrade , Serbia
Faculty of Organizational Sciences, University of Belgrade , Belgrade , Serbia
College of Service Business , East Sarajevo, Sokolac , Bosnia and Herzegovina
Belgrade Academy of Business and Art Vocational Studies (BAPUSS) , Belgrade , Serbia
The paper focuses on understanding the central issues related to intellectual capital with afocus on family businesses. Intellectual capital is becoming a resource of primordialimportance for the creation of economic wealth. It is indisputable that tangible assetscontinue to be an important factor in the production of both goods and services, noting thattheir relative importance decreases over time, while the importance of intangible assets basedon knowledge increases. The ability of a company to use intellectual capital is perhaps agreater key to profitability than the very existence of a "stock" of knowledge.
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