> Sadly people from the academia [...] equate [first principles thinking] with exam based memorization or delegation to authority.
In what departments and at what universities? The term "first principles" comes from academia. I think you'd be hard pressed to find a faculty member in any philosophy department doesn't understand what reasoning from first principles is. I'd be surprised if any working mathematician thinks of "memorization" or delegating to authority rather than axiomatization. What experiences led you to say this?
Its so ubiquitous, you can pick random folks from most academia and see it first hand.
If this comes as a shocker to you, then I should be the one to enquire as to how you managed to stay blind in the face of the obvious.
Just strike up a discussion on some complex topic, and you can see many people resort to "because the author here in this book said" or "we are taught so and so".
A first principles reasoning can show you the steps that lead to a specific conclusion without invoking any author, teacher or course.
Cheers. Hope it helps.