%A Vasojevic, Nena A. %A Kirin, Snežana %A Marković, Predrag J. %D 2017 %T Research on scholarships holders who studied abroad and returned to Serbia %K %X Knowledge has become the most valuable resource of the new era and the resource of the future. The intention of this study is to improve knowledge about the problem of migration of educated people from Serbia from the perspective of scholarship holders who, after being abroad, returned to their country. The aim of this research is to show the profile of the scholarship holders of post-academic and post-graduate students, who studied abroad and then returned to Serbia. Their motives for departure and return, as well as their perception of integration into the work environment in Serbia and utilization of their knowledge is presented. Methods: For the purpose of this research a questionnaire was constructed which was distributed online. Collected data were analysed using statistical tools. Results: This research has shown that the primary motive for education abroad is the desire for personal development. It has also been shown that an important factor for the return of students from abroad is their expectation of comparative advantage in the labour market and their belief of getting a desired job. Apart from this, it is shown that the scholarship holders only partially used the acquired knowledge and thus, do not have enough influence in the development of their organizations. Conclusion: The main research contribution is reflected in the improvement of the knowledge about the motivation of scholars to return from developed countries and highlighted problems which scholarship holders have after returning. Implications and research limitation: the results obtained can be generalised to countries that are passing or have recently moved a transition, and are similar in cultural characteristics.  The present contains certain limitations that must be taken into account while interpreting final results. The most significant constraint is the sample size, but the obtained results, especially the motives of the scientific experts for a return to the country, are extremely important and can be considered the starting basis for further research. %U http://management.fon.bg.ac.rs/index.php/mng/article/view/113 %J Management:Journal of Sustainable Business and Management Solutions in Emerging Economies %0 Journal Article %R 10.7595/management.fon.2017.0020 %P 23-32%V 23 %N 1 %@ 2406-0658 %8 2017-10-31