Academic rigor applied to industry would be a type of overfitting. Just as one example, customers don't care how accurate a fitness monitor is, as long as it is

Academic rigor applied to industry would be a type of overfitting. Just as one example, customers don't care how accurate a fitness monitor is, as long as it is vaguely effective. Yet, few journals or funding agencies would buy your claim of building a fitness monitor unless you can rigorously demonstrate its performance and novelty. Of course, the story is different in pharma and a few such fields. Theranos is an example of how lack of rigor and openness can damage healthcare startups.