The significance of research can also be understood keeping in view the following points:
a) To those students who are to write a master’s or Ph.D. thesis, research may mean careerism or a way to attain a high position in the social structure;
b) To professionals in research methodology, research may mean a source of livelihood;
c) To philosophers and thinkers, research may mean the outlet for new ideas and insights;
d) To literary men and women, research may mean the development of new styles and creative work;
e) To analysts and intellectuals, research may mean the generalizations of new theories.
Thus, research is the fountain of knowledge for the sake of knowledge and an important source of providing guidelines for solving different business, governmental and social problems. It is a sort of formal training, which enables one to understand the new developments in one’s field in a better way.