https://19-pacheco-torgal-19.blogspot.com/2024/01/a-venture-capitalist-revered-by.html
Building on the previous post, which argued that universities should place greater emphasis on teaching the nuanced skill of overcoming failures, it is important to recall that most startups do not survive past their fifth year. To make matters worse, the rate of insolvencies is likely to increase in the near future, according to predictions from The Economist, which suggests that the European economy may be heading towards an economic catastrophe. https://19-pacheco-torgal-19.blogspot.com/2024/03/the-economist-impending-economic.html
In this context, highlighting a recent study on how science can boost startup revenue makes perfect sense. This study analyzed more than 700 European startups and found that those following the scientific method are more profitable and therefore less likely to face insolvency. According to the article published in the Harvard Business Review, startups in the top 5% of performance achieved nearly half a million euros in additional revenue https://hbr.org/2024/07/why-entrepreneurs-should-think-like-scientists
Declaration of competing interests - I am the lead editor of the second edition of "Start-Up Creation: The Smart, Eco-efficient Built Environment," https://shop.elsevier.com/books/start-up-creation/pacheco-torgal/978-0-12-819946-6
