A topic of interest in business or management - Research Proposal Example

Research Proposal describing topic chosen: The proposed of the research is “The Effect of Economic Crisis on Entrepreneurship”. The research would delve into potential impact of the recent economic and financial difficulties that besieged various countries worldwide. The focus would be on the recent recession that impacted the United States economy and one would like to find out how these economic factors affected the rate new businesses are established or current businesses opted to close or declare bankruptcy.2) Introduction explaining rationale for topic: A quick browse on the effect of economic crisis on entrepreneurship through the Google search option generated more than 21 million entries establishing the amount of viable and verifiable information on the topic.

Further, although business management courses have included various course modules on entrepreneurship that focus on strategies that would assist in establishing new businesses or determining factors and traits of successful entrepreneurs, information on the effect of economic crisis to entrepreneurship is not vagrantly published. One is intrigued to find out whether the economic crisis detracts potentially talented entrepreneurs from establishing new business endeavors or led successfully established businesses into financial loss and bankruptcy.

The statistics that could be searched could provide the theoretical framework for the research. However, interpretation of the statistics and numbers of new or closed businesses during the period of economic crisis could assist aspiring entrepreneurs in learning from the experiences of others.3) Statement of research question and research objectives: The research objective could be stated as: The research aims to determine how the economic crisis affect and impact entrepreneurship in the United States.

The objective could be achieved through addressing the following research questions:1. In the recent economic crisis, how many new businesses in the United States were recorded? How many existing businesses were closed or filed bankruptcy?2. Aside from economic factors, were there other contributory factors that led to opening new businesses or closing existing ones?3. What entrepreneurial theories were eminently applied during economic crisis to ensure survival?4) Outline of proposed research methodology: A description and qualitative research method would be proposed for the current research.

Secondary sources of authoritative and academic information would provide support to contentions and would validate results, as required. From current statistics, relevant findings would be interpreted and would form the basis for recommendations and conclusions.5) Reference list: Tentative reference list for the research are as follows:Goldsmith, B. 2009. Handbook for Surviving the Global Financial Crisis. Barbara Goldsmith.Gries, T. and Naude, W. 2011. “Entrepreneurship, Structural Change and a Global Economic Crisis.

” Entrepreneurship Research Journal, Volume 1, Issue: 3, Pages: article 4. [Online]. Available at: http://www.mendeley.com/research/entrepreneurship-structural-change-global-economic-crisis/. [Accessed 7 January 2012].Kedrosky, PS. 2008. Entrepreneurs and Recessions: Do Downturns Matter? [Online]. Available at: http://www.kauffman.org/uploadedFiles/entrepreneurs_and_recessions_121508.pdf [Accessed 7 January 2012].Knowledge@Wharton. 2008. Why an Economic Crisis Could Be the Right Time for Companies to Engage in Disruptive Innovation’. [Online]. Available at: http://knowledge.wharton.upenn.

edu/articlepdf/2086.pdf?CFID=179181252&CFTOKEN=74833970&jsessionid=a830742385a1872109de2b6e162563531967 [Accessed 8 January 2012].Naude, W. and MacGee, JC. 2009. “Wealth Distribution, the Financial Crisis and Entrepreneurship.” UNU-WIDER Angle Newsletter, [Online]. Available at: http://www.wider.unu.edu/publications/newsletter/articles/en_GB/10-03-2008-feature-article/. [Accessed 7 January 2012].