UK Accounting Glossary
In science and philosophy, a paradigm is a distinct set of concepts or thought patterns, including theories, research methods, postulates, and standards for what constitutes legitimate contributions to a field.
An Intellectual perception or view, accepted by an individual or a society as a clear example, model, or pattern of how things work in the world. This term was used first by the US science theorist & historian Thomas Kuhn (1922-96) in his 1962 book ‘The Structure Of Scientific Revolution’ to refer to theoretical frameworks within which all scientific thinking and practices operate. See also a paradigm shift.
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This glossary post was last updated: 14th January 2020.