Qualitative and Quantitative Research Paradigms in Business Research: A Philosophical Reflection

Abstract

This paper attempts to discuss quantitative and qualitative research methodologies within the broad field of business research. In the light of looking for possible similarities and differences between the two approaches, the study gives an overview of the historical development of both methods, the paradigms and interpretative frameworks, discusses major advantages and limitations and look at the new trend that combines both quantitative and qualitative data in a single research project in an effort to reconcile both methods. The main intention of this paper is not to extend the current and long-lasting debate regarding qualitative versus quantitative research, rather to describe and reflect on the philosophical stance guiding the two research methodologies from ontological, epistemological and methodological perspectives. The essence of this study is to enable professionals with little or no previous experience of the various research methodologies and falling in to the trap that one research is better than the other, gain a basic understanding of qualitative and quantitative research. The study concludes that, in addition to quantitative and qualitative research, mixed research also offers an exciting mode of conducting business research.

Keywords: Qualitative and Quantitative Methodologies, Business Research, Paradigms