Home | Forums MBA Business Research Methods Discussion Forum Reply To: MBA Business Research Methods Discussion Forum

  • Darmathan Francis Xavier

    October 29, 2021 at 5:17 pm

    1. Theory provides significant guidelines and trails for the conduct of research by pointing to areas that are most likely to be fruitful, that is, areas in which meaningful relationships among variables are likely to be found. If the variables come to be selected such that no relationships between them obtain, the research will be sterile no matter how meticulous the subsequent observations and inferences.

    2. Another contribution of theory for research is in terms of increasing the meaningfulness of the findings of a particular study by helping us to perceive them as special cases of the operation of a set of more general or abstract statements of relationships rather than as isolated bits of empirical information.

    3. The linkage of the specific empirical findings to a more general concept has another major advantage. It affords a more secure ground for prediction than do these empirical findings by themselves. The theory by providing a rationale behind the empirical findings introduces a ground for prediction which is more secure” than mere extrapolation from previously observed trends.

    4. Whereas an empirical finding as a proposition referring to certain concrete contextual manifestation of a phenomenon does not afford a basis for drawing diverse inferences about what will follow, its reformulation or revamping in theoretic terms affords a secure basis for arriving at the inferences about the varied positive consequences in areas quite remote from the central area to which the given finding relates.

    5. In affording broader meanings to empirical findings the theory also attests to their truth. A hypothesis is as much confirmed by fitting it into a theory as by fitting it into facts, because it then enjoys the support provided by evidence for all the other hypotheses of the given theory.

    6. Theory helps us to identify gaps in our knowledge and seek to bridge them up with intuitive, impressionistic or extensional generalizations.