What is academic research and why is it important?

The purpose of academic research is to seek the truth and new knowledge which enhances social development. Such research is one of the integral responsibilities of a faculty member working in an academic institution. It is one of the key aspects of their job performance.

What is the difference between academic and commercial research?

In the academic world, timelines are usually longer than in market research. Commercial market research is often conducted to answer a specific business question, which means the research has to be conducted within the timeline required by the business question – which is typically rapid.

Who benefits from academic research?

Fostering critical thinking and analytical skills through hands-on learning. Defining academic, career and personal interests. Expanding knowledge and understanding of a chosen field outside of the classroom. Developing one-on-one connections with distinguished faculty in their field.

What is the importance of research in industry?

“A lot of industries and markets are maturing, and market research can help identify possible future growth areas, highlight potentially disruptive trends, and showcase important product innovations and research among an industry’s key competitors.”

What are the Industrial research?

“Industrial research” means planned research or critical investigation aimed at the acquisition of new knowledge and skills for developing new products, processes or services or for bringing about significant improvement in existing products, processes or services.

What is the difference between academic research?

This academic or scholarly research focuses on research goals/questions that arise from independent researchers….Academic research and professional research deal with research but in a different way.

What is the value of academic research?

This strict adherence to truth is the foundation of what makes academic research important. It is the baseline of all advances made in our understanding of the world and each other. Whether you’re inquiring into the nature of the atom or discovering how the human mind understands sound, objectivity is key.