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Discover LudwigThe phrase "owes much to" is correct and usable in written English.
You can use "owes much to" when someone or something is indebted or needs to thank or acknowledge something else for success or positive results. For example: "This company's success owes much to its dedicated employees."
Exact(60)
Morgan owes much to Murdoch.
Hamas owes much to Israel's settlers.
His verse technique owes much to Ovid.
That Jesus owes much to Jefferson.
Germany owes much to European unity.
The project also owes much to her personal history.
The decline owes much to a botched 2009 budget.
Yet Fiat's recovery owes much to financial, not mechanical engineering.
That performance owes much to record prices for mineral exports.
But a decent letters page owes much to good editing.
The low-volatility boomlet owes much to timing.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com