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secondary research

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Research using information that has already been compiled and formatted. It is different from*primary research, which is also known as original research. Analysis is frequently done with research that has been provided by a third party. This is also known as syndicated research. Other sources for secondary research include investment banks and associations or organizations. In research, it is important to assess the secondary information that exists before time and money is spent to conduct new research. Since primary research takes a much longer time to complete and is extremely expensive, decisions are often made to go with whatever secondary research is available in the interest of both time and money. A good secondary researcher will be able to suggest proxies or alternatives in lieu of performing primary research.

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