Professor Rakovic has a wide scientific interest, broadly related to materials science and biophysics, covering the fields of nanomaterials and biomaterials, nanotechnology and spectroscopy, as well as biophysics and bioinformatics of biomolecular, psychosomatic, cognitive and electrophysiological functions.
Since 1997 professor Rakovic is being vice-president elect of the Yugoslav Materials Research Society, and guest co-editor of 10 volumes from YUCOMAT conferences being published by Materials Science Forum, Materials and Manufacturing Processes, International Journal of Modern Physics B, and Acta Physica Polonica A. He is also a member of international editorial board of the journals Informatica and Medical Data Review, and referee of the journals Physica Scripta, Nanosciences and Nanotechnology Letters, Foundations of Science, Connection Science, NeuroQuantology, EPJ Nonlinear Biomedical Physics, Indian Journal of Biochemistry and Biophysics, International Journal of Radiation Biology, Digital, Signal Processing, Medical and Biological Engineering and Computing, and Journal of Medical Systems, as well. During the period 1995-1998 he headed regional project Brain and Consciousness at the European Center for Peace and Development (ECPD) of the United Nations University for Peace in Belgrade and co-edited 5 books published by ECPD, while from 2009 he is heading the ECPD International School of Quantum-Informational Medicine, with (co-)authored ECPD thematic textbook. In 1999 he co-founded International Anti-Stress Center (IASC) in Belgrade, becoming president elect of the IASC Governing Board, with wide educational holistic anti-stress activities. In 2009 he also founded his Fund (DRF) for Holistic Research and Ecology of Consciousness, with wider promotive holistic activities including co-organization of Symposium of Quantum-Informational Medicine QIM 2011.
He has published about 250 scientific papers and communications and 40 books and proceedings, cited nearly 300 times in scientific periodicals and monographs.