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If a PhD doesn't prep you to manage engineers in a well-funded tech company, how does it prep you to start your own lab from scratch, "hire" grad students, run a team, etc? If your answer is no it doesn't, then academia needs to do better. But I argue that it does for many.https://twitter.com/michellearning/status/1330312636408315904 …
Why do you think there are fewer PhDs in management positions? What is the distinction between an MBA and PhD?