Moving Academic Research Into Projects

We have so many renowned colleges and universities with lots of research being done there, yet it seems that we have so many problems without a clear solution.  Are we too theoretical and not practical enough? Should we have to decide between basic research and applied research because of lack of resources? How come the nation is now facing a major energy crisis and we seemed so unprepared to deal with it?  If our scholars and technicians for years have been producing research and ideas about this issue, how come we do not a contingency plan or an organized response from the industry, the private sector, the governments and the citizens in general?  While it is true that oil prices are determined on the world market, our domestic consumption is created and controlled by us.