Meaning of Social Science Research
Meaning of Social Science Research
SIGNIFICANCE OF RESEARCH
The role of research in several fields of applied economics, whether related to
business or to the economy as a whole, has greatly increased in modern times. The
increasingly complex nature of business and government has focused attention on
the use of research in solving operational problems. Research, as an aid to
economic policy, has gained added importance, both for government and business.
Research provides the basis for nearly all government policies in our economic
system. For instance, government’s budgets rest in part on an analysis of the needs
and desires of the people and on the availability of revenues to meet these needs.
The cost of needs has to be equated to probable revenues and this is a field where
research is most needed. Through research we can devise alternative policies and
can as well examine the consequences of each of these alternatives.
Decision-making may not be a part of research, but research certainly facilitates
the decisions of the policy maker. Government has also to chalk out programmes
for dealing with all facets of the country’s existence and most of these will be
related directly or indirectly to economic conditions. The plight of cultivators, the
problems of big and small business and industry, working conditions, trade union
activities, the problems of distribution, even the size and nature of defence services
are matters requiring research. Thus, research is considered necessary with regard
to the allocation of nation’s resources. Another area in government, where research
is necessary, is collecting information on the economic and social structure of the
nation. Such information indicates what is happening in the economy and what
changes are taking place. Collecting such statistical information is by no means a
routine task, but it involves a variety of research problems. These day nearly all
governments maintain large staff of research technicians or experts to carry on this
work. Thus, in the context of government, research as a tool to economic policy
has three distinct phases of operation, viz., (i) investigation of economic structure
through continual compilation of facts; (ii) diagnosis of events that are taking place
and the analysis of the forces underlying them; and (iii) the prognosis, i.e., the
prediction of future developments.
Research has its special significance in solving various operational and planning
problems of business and industry. Operations research and market research, along
with motivational research, are considered crucial and their results assist, in more
than one way, in taking business decisions. Market research is the investigation of
the structure and development of a market for the purpose of formulating efficient
policies for purchasing, production and sales. Operations research refers to the
application of mathematical, logical and analytical techniques to the solution of
business problems of cost minimisation or of profit maximisation or what can be
termed as optimisation problems. Motivational research of determining why people
behave as they do is mainly concerned with market characteristics. In other words,
it is concerned with the determination of motivations underlying the consumer
(market) behaviour. All these are of great help to people in business and industry
who are responsible for taking business decisions. Research with regard to demand
and market factors has great utility in business. Given knowledge of future
demand, it is generally not difficult for a firm, or for an industry to adjust its
supply schedule within the limits of its projected capacity. Market analysis has
become an integral tool of business policy these days. Business budgeting, which
ultimately results in a projected profit and loss account, is based mainly on sales
estimates which in turn depends on business research. Once sales forecasting is
done, efficient production and investment programmes can be set up around which
are grouped the purchasing and financing plans. Research, thus, replaces intuitive
business decisions by more logical and scientific decisions.
Research is equally important for social scientists in studying social relationships
and in seeking answers to various social problems. It provides the intellectual
satisfaction of knowing a few things just for the sake of knowledge and also has
practical utility for the social scientist to know for the sake of being able to do
something better or in a more efficient manner. Research in social sciences is
concerned both with knowledge for its own sake and with knowledge for what it
can contribute to practical concerns. “This double emphasis is perhaps especially
appropriate in the case of social science. On the one hand, its responsibility as a
science is to develop a body of principles that make possible the understanding
and prediction of the whole range of human interactions. On the other hand,
because of its social orientation, it is increasingly being looked to for practical
guidance in solving immediate problems of human relations.”
In addition to what has been stated above, the significance of research can also be
understood keeping in view the following points:
(a) To those students who are to write a master’s or Ph.D. thesis, research may mean
careerism or a way to attain a high position in the social structure;
(b) To professionals in research methodology, research may mean a source of
livelihood;
(c) To philosophers and thinkers, research may mean the outlet for new ideas and
insights;
(d) To literary men and women, research may mean the development of new styles
and creative work;
(e) To analysts and intellectuals, research may mean the generalisations of new
theories.
Thus, research is the fountain of knowledge for the sake of knowledge and an
important source of providing guidelines for solving different business,
governmental and social problems. It is a sort of formal training which enables one
to understand the new developments in one’s field in a better way.