I think in Europe (at least in Austria) a PhD is a pretty huge factor for a job in industry. In my opinion this is a bad thing, but academic degrees are very im

I think in Europe (at least in Austria) a PhD is a pretty huge factor for a job in industry. In my opinion this is a bad thing, but academic degrees are very important here. This does not especially consider the computer science industry, but it happens there as well. There are some positions that are always taken by academics, for the sake of publicity and reputation. No matter what they can do, the only important thing is the PR-effect of a academic degree.