Practical Experience Outweighs Education

The Business Professor · Intermediate ·📄 Research Papers Explained ·1y ago

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The Business Professor discusses the importance of practical experience over education in research

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And if you keep on going to even higher education, you become a researcher, you get a PhD in something, then it can often times be a hindrance for the researchers because it makes it so difficult for them to really effectively research a field if they don't fully understand or see the nuances of daily practice. But at the same time, an individual who works in a given field and undertakes the daily tasks that they are taught in that field oftentimes misses the bigger picture and they have a difficult time innovating or coming up with novel ways of doing things or asking the big broader question of why are we doing this? Is there a better way to do this? Uh should we be doing something else entirely? It's people who can think objectively and these individuals oftentimes leave the practice and start their own business or start a startup venture that changes things dramatically where an individual who has higher education alone has a very difficult time doing this because

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