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Mihailo Paunović, PhD

Research Associate

Innovation Economics Department

research fields

  • Innovation Economics
  • Intellectual Capital
  • Entrepreneurship and SMEs
  • Performance Measurement

education

  • PhD 2021 / Faculty of Economics, University of Belgrade, Serbia
  • MSc 2012 / Faculty of Economics, University of Belgrade, Serbia
  • MSc 2012 / Tias School for Business and Society, Tilburg University, The Netherlands
  • Undergraduate 2009 / Faculty of Economics, University of Belgrade, Serbia

previous employment

  • 2021- / Institute o Economic Sciences
  • 2017-2021 / Innovation Centre, Faculty of Technology and Metallurgy, University of Belgrade
  • 2015-2017 / Institut Belko d.o.o.
  • 2014-2015 / Drexel University, Le Bow College of Business, Department of Finance, USA
  • January-June 2014 / KPMG, Belgrade
  • July-December 2013 / Ministry of Finance of the Republic of Serbia, Department for International Cooperation

references/bibliography

Paunović, M., Milovanović, V., Štrbac, D., & Domazet, I. (2025). Intellectual capital as a driver of value creation in Serbian entrepreneurial firms. International Journal of Manpower, 46(1), 111–127. https://doi.org/10.1108/IJM-05-2024-0301

Simovic, V., Paunovic, M., Lazic, M., Domazet, I., & Boskovic, G. (2024). ‘I know that I know nothing’ – the perceptions of remote work competencies of the persons with disabilities. Information, Communication & Society, 1–19. https://doi.org/10.1080/1369118X.2024.2320903

Paunović, M., Mosurović Ružičić, M., & Lazarević Moravčević, M. (2023). Business process innovations in family firms: Evidence from Serbia. Journal of Family Business Management, 13(1), 166–184. https://doi.org/10.1108/JFBM-03-2022-0044

Štrbac, D., Paunović, M., & Pavlović, D. (2024). The influence of demographic characteristics on the effectiveness of public administration training programs. Stanovništvo, 62(2), 251–266. https://doi.org/10.59954/stnv.637

Đuričin, S., Beraha, I., Jovanović, O., Mosurović Ružičić, M., Lazarević-Moravčević, M., & Paunović, M. (2022). The Efficiency of National Innovation Policy Programs: The Case of Serbia. Sustainability, 14(14), 8483, 1–14. https://doi.org/10.3390/su14148483

Milovanović, V., Chong Ka Leong, D., & Paunović, M. (2022). Benefits from adopting technologies for the hotel’s supply chain management. Hotel and Tourism Management, 10(2), 91–103. https://doi.org/10.5937/menhottur2202091M

Paunović, M., Lazarević Moravčević, M., & Mosurović Ružičić, M. (2022). Business Process Innovation of Serbian Entrepreneurial Firms. Economic Analysis, 55(2), 66–78. https://doi.org/10.28934/ea.22.55.2.pp66-78

Milovanović, V., Janošević, S., & Paunović, M. (2021). Quality management and business performance of Serbian companies. Ekonomika Preduzeća, 69(6–7), 345–356. https://doi.org/10.5937/EKOPRE2106345M

Paunović, M. (2021). The impact of human capital on financial performance of entrepreneurial firms in Serbia. Management: Journal of Sustainable Business and Management Solutions in Emerging Economies, 26(2), 29–46. https://doi.org/10.7595/management.fon.2020.0010

Popović, Z., & Paunović, M. (2018). The dependence of the cost of capital on degree of diversification. Montenegrin Journal of Economics, 14(1), 53–67. https://doi.org/10.14254/1800-5845/2018.14-1.4

selected projects

Evaluation of the impact and quality of training programs in public administration, commissioned by: UNDP, 2023, team member.

Thematic Analysis of Review Committee Reports on the Accreditation of First- and Second-Cycle Study Programs and Analysis of the Causes of Delays in the Accreditation Process in the Field of Social Sciences and Humanities, commissioned by: National Entity for Accreditation and Quality Assurance in Higher Education, 2021.

Challenges and Perspectives of Structural Changes in Serbia: Strategic Directions for Economic Alignment with EU Requirements, commissioned by: Ministry of Education, Science and Technological Development of the Republic of Serbia, 2017–2019.

Development of a detailed three-year financial plan by quarters, including planned investments, revenues, expenditures, results, cash flows, and containing financial analysis, sensitivity analysis, and risk analysis, commissioned by: Swiftty DOO, 2016.

Municipalities of Vrbas and Kula – Feasibility Study for the Establishment of a Public Utility Company for the Management and Maintenance of the Central Wastewater Treatment Plant (CWWTP), Scientific Research Center of the Faculty of Economics in Belgrade (NICEF), member of the research team, 2016.

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