HI:"It is not born in a lab of white-coated PhDs"
I taught in a college(now a poly) for many years.During that time I came up with a device which was ultimately patented and produced.Some of the(summer) students that were involved with the company that mass produced it were ultimately hired full time.
The college/polys of today are hiring your "PhDs" as deans  with scary, questionable creds only because they have a PhD in effort to get funding for the next great"Blackberry".
It's the same money driven decisions involved with 70%/30% P/T to F/T teacher ratio which is being thrashed out as we speak (with the students suffering).