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Developing a Comprehensive Framework for Quantitative Research Methods in Economics, Business, and Management
Thien-Vu Tran1, Anh Tram Luong2, Dinh-Hai Luong3
1The University of Danang - Vietnam-Korea University of Information and Communication Technology, Danang, Vietnam.
This study introduces a framework to guide researchers in selecting quantitative methods for social science research. It aims to improve methodological literacy and decision-making in academic publishing, especially in big data and AI contexts.
Area of Science:
- Social Sciences
- Quantitative Research Methods
- Methodological Literacy
Background:
- Increasing scholarly publications in social sciences, driven by big data and artificial intelligence.
- Scarcity of comprehensive syntheses on quantitative research methods.
- Challenges for early-career researchers and graduate students in method selection.
Purpose of the Study:
- Propose a conceptual framework for structured guidance on quantitative techniques.
- Enhance methodological literacy among researchers.
- Support informed decision-making in academic publishing and research design.
Main Methods:
- Integration of applied statistics and operations research.
- Development of a conceptual framework spanning basic to advanced analytics.
- Utilizing a static-dynamic continuum for technique categorization.
Main Results:
- Provides a structured guide for selecting quantitative research methods.
- Empowers novice scholars to navigate complex technique choices.
- Aims to mitigate the over-reliance on a limited set of methods in economics, business, and management.
Conclusions:
- The proposed framework enhances methodological literacy and supports effective technique selection.
- Facilitates informed decision-making for researchers in the era of big data and AI.
- Addresses the need for comprehensive guidance in quantitative social science research methods.
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