Theory, Literature review, and Hypothesis Formulation
Theory Framework based on facts Descripting theory Following rational logical thinking Criterias of good theories Can explain phenomenon Clear and concise Logical and fit with the facts or general belief Can predict possiblities of phenomenon Recent Reliable theory Its validity can be proven with new or more comprehensive data. Thinking framework A diagram that outline the flow of logic of a study. Theoretical framework can be proposed on: Available theories New theories, or modification of available theories Literature review Should show all relevant documents, both published and unpublished. Information required Subject specific Research method Steps required Identify and access published and unpublished materials on the topic of intererset Extract systematically the relevant information Write up the literature review Example Introducing subject behavior that take risks and company performance Why it is important to study Id