"when taking all relationships into account using the MVA analysis, it appears that scientific output is the key determinant of startup success”
The amazing thing is that in USA the opposite is the norm because Stanford Prof. John Ioannidis found that "Among the 47 unicorns analysed, nearly half had not published any highly cited papers, defined as having at least 50 citations..."the publication record of health-care start-up companies doesn’t seem to matter to investors" https://www.nature.com/articles/d41586-019-00564-5
https://onlinelibrary.wiley.com/doi/full/10.1111/eci.13072 which helps to understand the 9 billion Theranos scandal
https://onlinelibrary.wiley.com/doi/full/10.1111/eci.13072 which helps to understand the 9 billion Theranos scandal
