There's a lot of things to learn, starting with you'd better caution people just as the State Department cautioned people, especially those of Chinese descent, before they decide to engage in academic research in China.
The Internet is a big boon to academic research. Gone are the days spent in dusty library stacks digging for journal articles. Many articles are available free to the public in open-access journal or as preprints on the authors' website.
I see top business schools working to bridge this gap [between academic research and business application] by respecting executive education, by having more mature students who proactively draw from faculty what they know they need, and by having faculty who are willing to leave their ivory towers for the murky world of business reality. Unfortunately, at other times, business professors have little or not interest or savvy about business issues.
The love of money is the root of all evil. That is the fundamental truth that I have verified through 3 decades of empirical, investigative, legal, academic research trying to answer some fundamental questions about human existence and why we behave the way we do, why we think the way we do, why we act the way we do...It is the love of money that has the potential to exterminate- to render extinct- the entire human race.
Research is an expression of faith in the possibility of progress. The drive that leads scholars to study a topic has to include the belief that new things can be discovered, that newer can be better, and that greater depth of understanding is achievable. Research, especially academic research, is a form of optimism about the human condition.