“…Lyles (2003) also focused on knowledge flows and organizational learning. With respect to Serbia, important contributions regarding this topic have been made by several authors (Janicijevic, 2006, Bogićević Milikić and Aleksić, 2006, Babić et al, 2008, Petković and Aleksić Mirić, 2009, Petković et al, 2011. The study of knowledge management is particularly interesting for countries that are still in the process of social and economic transition, such as Serbia.…”