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Definitely some merit to what you're saying here... By sheer volume of actually reading research papers for work, I've found that, despite the fact that I am a Malware Researcher professionally, many of the academic papers on malware research seem to be written for the sole purpose of exploring something different (to get that almighty Ph.D ;)) but are fundamentally useless for solving real-world problems and often present obtuse and overly-complicated solutions, that they really don't contribute much to the field. This is certainly an issue in the field of academic research. However, sometimes such papers do find usage in the far-off future, but most will probably never be applicable.

A simplified but good example of this is 2 years spent developing a custom program to unpack a specific type of malware, when the malware can simply just be run, loaded into memory, and the same data can be extracted completely bypassing the need to unpack the malware entirely. The second solution is a more professional and applicable solution... The first one seems cool but nobody has 2 years to devote to that when there is such an easier alternative.