CC-BY-NC-NDDukić, AnaUrošević, AnaRiznić, DejanJovanović, LarisaErmakov, VadimBalaban, Suzana2023-12-262023-12-262023978-86-89061-17-8https://repozitorijum.tfbor.bg.ac.rs/handle/123456789/2445In the professional literature, there is a large number of studies that study the impact of intellectual capital on performance. The competitive model in modern business has changed. In this regard, companies achieve their competitive advantage on the basis of IC. Professional literature is based on examples and evidence that confirm the fact that IC affects the growth of companies and business performance. Consequently, the aim of the paper is to assess the impact of IC components on the business performance of companies in the green economy. The company's success is based on their intellectual systems and knowledge-based activities in the development of new products, services and processes. Knowledge management affects the improvement of employee performance, which is an extremely important factor in achieving the company's competitive advantage, and therefore knowledge that contributes to the achievement of the company's basic goals must be viewed as an irreplaceable strategic resource of the company and the green economy. The role and importance of effective IC management, all in order to achieve better business performance in the green economy. Namely, IC represents an important determinant of company performance. The created extra value no longer depends on the quantity, i.e. on the increase of the produced quantity, but on the knowledge that is embedded in the products or services of the green economy. The most developed economies of the world base more than half of their gross domestic product on knowledge. The knowledge-based economy is a term used to describe the global economy. The world economy has been experiencing significant transformations for years. One of the results of such transformations is an increase in the value of intangible assets. Creating a sustainable competitive advantage is based on investments in IC. Professional literature offers numerous studies, however, there is an insufficient number of empirically verified laws that could be unconditionally accepted. Certain studies show that countries that invest intensively in IC do not confirm the statement that IC has influenced business performance. The logical conclusion that emerges is that the way IK is managed affects business performance, that is, that the effects of using IK are not achieved automatically.enIntellectual capitalgreen economybusiness performanceintangible asstesconferenceObject