Academic research is based on literature review at different part of study where as business research related with actual management and business problems occur in real world
Academic research refers to a research that is conducted for purely academic purposes e.g the research conducted by students as part of their studies, or by academicians for the purpose of research itself. However, a business research is based on a business problem or situation e.g consumer behavior research etc. The audience for an academic research is the general public whereas the audience for business research is the top management.
The Business Research ( Private Research ) the customer of the Research are the Business and Academic Research ( Public Research ) The customer of the research are The Society (Learning community )
An academic research refers to a research that is conducted for purely academic purposes Eg why should student need to read more.
A business research refers to business situation which need to be research
A business research refers to business situation which need to be research