Reference no: EM133297057

Topic : The challenges and opportunities of doing business in a knowledge-based economy.

The first quesiton the basis of inquiry for the study and are broad questions that will be used to guide the researcher in addressing the Problem Statement. Research Questions also guide in the choice of methodology for the study. Qualitative Research Questions are those that seek to understand or explain while Quantitative Research Questions seek to relate or measure. Research Questions are the questions the researcher seeks to answer and should not be confused with Interview Questions or Survey Questions which are directed towards participants as a part of data collection during the field study. Here are some examples:

1. According to Sopjani (2019), Kosovo is up against several obstacles when it comes to the development of a knowledge-based economy. Some of these obstacles include a shortage of skilled personnel, funding for new businesses, and awareness of the significance of innovation and entrepreneurship.

The second question seeks to quantify (measure) the relationship between two variables; transformational leadership and employee retention. Unlike the first question where the factors were not known, here the factors (variables) are known. That means that this relationship can be statistically evaluated based upon a testable hypothesis. In this case: H0 There is no statistically significant relationship between transformational leadership style and employee retention. The ability to develop testable hypotheses is what makes for a good quantitative research question.

2. It was established by Bano and Taylor (2015) that universities are required to actively participate in the knowledge transfer and commercialization processes.
To foster the growth of a knowledge-based economy, it is necessary to maintain positive connections with the commercial sector.

The third question seeks to extract rich information from a research participant and might be used in a study based upon the Qualitative Research Question above. This is not a research question!

3.According to the findings of Asongu and Odhiambo (2020), a lack of policies and plans makes it difficult for many African nations to establish an economy based on the accumulation of knowledge.

The fourth question seeks to quantify a participant's feelings about a specific topic to provide measureable data. This would be a great survey question to support a study based upon the Quantitative Research Question above. This is not a research question!

4. According to the research done by Saiymova et al. (2018), Kazakhstan is likewise having trouble developing a knowledge-based economy due to a lack of funding, a shortage of skilled personnel, and a lack of awareness regarding the significance of innovation.
According to the findings of Jordão, Novas, and Gupta (2019), small and medium-sized businesses (SMEs) must actively participate in knowledge-based networks to boost their intellectual capital and organizational performance.