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Think you meant "publish or perish." I'm not on academia, but it seems like it'd lead to a lot of filler articles written.

The problem with research is that it doesn't always move in predictable increments. Sometimes things do take a few years to actually have any sort of breakthrough. Secondly, it might pressure researchers to falsify their data just to appear that they're making progress. I remember this being a contentious issue laster year.