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Faculty of Business, Finance, and

Information Technology
Lecture 3
Scientific research in business

If its important to you, you will find a way. If its not, you’ll find an excuse.
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Scientific Research
• A process of rigorous reasoning based on interactions among theories
methods, and findings;

• Builds on understanding derived from the objective testing of models or


theories;

• Accumulation of scientific knowledge is laborious, plodding, circuitous,


and indirect;

• Scientific knowledge is developed and honed through critique contested


findings, replication, and convergence;

• Scientific knowledge is developed through sustained efforts;

• Scientific inquiry must be guided by fundamental principles.


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Fundamental Principles (NRC, 2002)
I. Ask significant questions that can be answered
empirically.

• “The formulation of a problem is often more


essential than it’s solution, which may be merely
a matter of mathematical or experimental skill. To
raise new questions, new possibilities, to regard
old questions from a new angle, requires
creative imagination and marks real advance in
science” (Einstein & Infeld, 1938);
• The research questions must be asked in a way
that allows for empirical investigation.

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Fundamental Principles (cont’d)
II. Link research to relevant theory.

• Scientific research can be guided by a


conceptual framework model, or theory
that generates questions to be asked or
answers to the questions posed;

• Theory drives the research question, the


use of methods, and the interpretation of
results.

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Fundamental Principles (cont’d)
III. Select and apply research designs and methods
that permit direct investigation of the question.

• The trustworthiness of any research study is


predicated initially on several major elements:

oThe suitability of the proposed research design or


methodology to address the specific questions
posed by the study;

oThe scientific rigor by which the methodology is


applied;
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Fundamental Principles (cont’d)
• The trustworthiness of any research study is
predicated initially on several major elements
(cont’d):

o The link between question and methodology


must
be clear and justified;

o Detailed description of the method, measures,


data collection procedures, data
analyses, and subjects must be available to
permit replication.
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Fundamental Principles (cont’d)
IV. Provide a coherent and explicit chain of reasoning
that can be replicated.

•What assumptions underlying the inferences


were made? Were they clearly stated and justified?

•How was evidence judged to be relevant?

•How were alternative, competing hypotheses,


and explanations identified, considered, and
accounted for (accepted or discarded)?
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Fundamental Principles (cont’d)
IV. Provide a coherent and explicit chain of reasoning
that can be replicated (cont’d).
• How were the links between data and the
conceptual or theoretical framework made?

• The chain of reasoning depends upon the design


which depends on the type of question:

oDescription – what is happening?


oCause – is there a systematic effect?
oProcess/mechanism- why or how does the
effect occur?
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Fundamental Principles (cont’d)
V. Replicate and generalize across studies.
• Internal Validity: The observations made are
consistent an generalize from one observer to
another, from one task to a parallel task from one
measurement occasion to anther occasion.

oStatistical methods – e.g. correlation;


oNon-statistical methods – e.g. triangulation,
comparative analysis.

• External Validity: The extent to which the treatment


conditions and participant population reflect the
“world” to which generalization is desired. 1-9
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Fundamental Principles (cont’d)
VI. Report research publicly to encourage
professional scrutiny, critique and replication.

• Criticism is essential to scientific progress;

• The extent to which new findings can be


reviewed contested, and accepted or rejected by
scientific peers depends upon accurate,
comprehensive, and accessible records of:

oData
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oMethods
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Common Conceptions/Misconceptions About
Scientific Quality and Rigor
• Experimental research is more “scientific” than
descriptive or qualitative research…

o NOT TRUE: The type of design/method does


not render the study scientific.

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Common Conceptions/Misconceptions About Scientific
Quality and Rigor (cont’d)

 A study is deemed to be “scientific” when:

o There are a clear set of testable questions underlying the design;

o The methods are appropriate to answer the questions and falsify


competing hypotheses and answers;

o The study is explicitly linked to theory and previous research;

o The data are analyzed systematically and with the appropriate


tools;

o The data are made available for review and criticism.


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Common
Conceptions/Misconceptions
 Research in education is fundamentally different
than in the “hard” sciences.
o NOT TRUE: Scientific research in education, psychology, biochemistry,
astrophysics, cultural anthropology, mathematics, etc., all:
o Seek conceptual/theoretical understanding;
o Pose empirical and testable and refutable hypotheses;
o Design studies that test and rule out competing
counter hypotheses;

o Use observational methods that are linked to theory


and can be publicly assessed for accuracy;
o Recognize the importance of independent replication
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Features Common To Educational Research
• It is a challenge to design and implement randomized treatments
and repeated measures under highly controlled conditions;

• “Double-blind” controls are not feasible when using particular


designs;

• The level of certainty of research conclusions is lower than in the


physical sciences;

• Error limits associated with scientific inferences are larger in


social, behavioral, and educational research than in the physical
sciences;

• The influential role of context makes interpretation of data “messy”;


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Qualitative Quantitative
The aim of qualitative analysis is a In quantitative research we classify
complete detailed description. features, count them, and construct
statistical models in an attempt to
explain what is observed.
The design emerges as the study All aspects of the study are carefully
unfolds designed before data is collected.
Researcher is the data gathering Researcher uses tools (questionnaires
instrument. or equipment) to collect data.
Data is in the form of words Data is in the form of numbers and
(interviews), pictures (videos), or statistics.
objects (artifacts).
Qualitative data is more rich, time Quantitative data is more efficient,
consuming, and less able to be able to test hypotheses, but may miss
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generalized.
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THE RESEARCH PROCESS

1. Selection of topic

2. Reviewing the literature

3. Development of theoretical and conceptual frameworks

4. Clarification of research question/hypothesis

5. Research design

6. Data collection

7. Data analysis

8. Drawing conclusions
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STAGE 1. SELECTION OF TOPIC

1. A crucial stage, as an inappropriate topic or question will


often lead to irretrievable difficulties later in the research.

2. It is unlikely that you will develop a final question and set of


objectives at this stage of the research process, and stages
2 and 3 are important in developing and assessing your
question more fully.

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STAGE 2. REVIEWING THE LITERATURE

• A literature review essentially consists of critically reading,


evaluating and organising existing literature on the topic to
assess the state of knowledge in the area.

• During this stage you should aim to become an ‘expert’ in


your field of research.

• Generally done alongside the development of the theoretical


and conceptual frameworks (stage 3 of the research
process).

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STAGE 3. DEVELOPMENT OF THEORETICAL AND
CONCEPTUAL FRAMEWORKS

• As you read the literature, you should be continually


developing and refining your theoretical and conceptual
frameworks.

• Your theoretical framework refers to the underlying


theoretical approach that you adopt to underpin your study.

• The conceptual framework defines and organises the


concepts important within your study.

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STAGE 4. CLARIFICATION OF THE RESEARCH
QUESTION

Initial research questions are chosen, investigated and


often rejected for a number of reasons, for example:

• The question lacks sufficient focus.


• The conceptual framework has identified problems in
either defining and/or measuring the appropriate concepts.
• There are too many moderating or intervening variables.
• The project is unfeasible in terms of complexity, access,
facilities or resources.
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STAGE 5. RESEARCH DESIGN

• What data do I need to collect to answer this question?


• What is the best way to collect this data?
• What overall research design should I use? For example,
a cross-sectional, experimental or longitudinal design?
• Will I need to collect primary or secondary data?
• What methods, for example interviews, questionnaire
surveys and so on, will be best to collect the primary data?

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• Who should participate in the research?
• How will I gain access to them?
• What are the exact procedures that I should adopt in
my data collection to ensure reliability and validity?
• Are there any ethical issues associated with the
research?

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STAGE 6. DATA COLLECTION

You have to consider


• which methodology to choose, and
• which methods to utilise.

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STAGE 7. DATA ANALYSIS AND DISCUSSION OF THE
FINDINGS
1. The data you collect in stage 6 needs to be analysed to
provide answers to your research question.
2. In your discussion of the results, reference should also
be made back to the literature reviewed in stage 2, for
example
• How do the findings add to this literature?
• Do they support the literature?
• If not, what are the possible reasons why?

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STAGE 8. DRAWING CONCLUSIONS

• Conclusions should relate back to the focused research


question.
• You can evaluate how successful you have been in
achieving your research objectives, and highlight the
strengths and weaknesses of the research.
• You may also want to make recommendations for further
research.

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SUMMARY
1. Research is not just about the collection of data. Data
collection is important, but it is simply part of a wider
process – the research process.
2. The research process follows 8 steps: selection of topic,
reviewing the literature, developing your theoretical and
conceptual frameworks, clarifying your research question,
developing a research design, collecting data, analysing
data, and drawing conclusions.
3. Relating your project to the research process will allow
you to develop and answer your research question in a
logical and systematic manner.
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