Yes a comparative study is very important because it allows you to analyze similarities as well as differences between two (or more) literary works that have different cultural background... Some researchers concentrate on the similarities while others concentrate on the differences it depends on your perspective
The importance of “Comparative Literature Studies” was strongly highlighted by Johann Wolfgang von Goethe, who has mostly been considered the pioneer who first introduced the concept of “World Literature”. Significant literary theorists and critics such as Edward Said, Gayatri Spivak, and Homi Bhabha were among those contemporary figures who have underscored the value of comparing texts, whether in the same literary genre and historical period or not, to fully understand the intricacies of cultural exchange and its power dynamics.
First, Comparative Literature Studies is one of the top five approaches to study a given literary work. Furthermore, it is a typical method to widen your critical thinking about the “open-endedness” and “unfinalization” nature of human intellectual productivity. Bakhtin’s “Dialogic Criticism” is basically based on the variable forms in which any utterance, once being uttered, is involved in ongoing, finalised dialogue with what has been or shall have been said in all times. [Have a look on my M.A. Thesis Bakunin's Dialogism …]
Moreover, Comparative Literature is a smart way to display how literature reflects, critiques, and affects social, political, and ethical real-life issues. It also helps significantly in understanding how, with the world enshrouded in the garment of globalisation, texts and ideas could easily travel across distant borders and impact diverse cultures and communities.
Drawing from many disciplines, such as translation and linguistic studies, literary theory, post-colonial studies, comparative literature have become an important interdisciplinary arena for theoretical experimentation to devise new methods, hypothesis, and theories of literary interpretation and criticism.
Exploring universal as well as local themes and specificities, Comparative Literature subverts the Eurocentric focus of traditional literary studies and redefines its literary canons. It is a democratisation of literary discourse by including non-Western and long marginalised world perspectives. It is simply a bridge to overcome cross-cultural and generations’ gaps between diverse and different worlds.