“…As for the internationalization of the ecosystem itself, i.e., the processes through which entrepreneurial ecosystems become globally connected, to date very little academic research explores these phenomena (e.g., Carvalho, Camacho, Amorim and Esperança [52] that, technically, focuses on the internationalization of a single ecosystem actor, i.e., a start-up accelerator program, rather than that of the ecosystem as a whole). Indeed, most of the extant literature heavily focuses on the connections established across other types of spatial agglomeration of firms-again, primarily clusters and industrial districts, rather than entrepreneurial ecosystems [53][54][55][56][57]-and/or focuses on the connections created due to the flows of physical goods linked to the establishment of Global Value Chains primarily on the part of large multinational firms-and, hence, they are examined through a Supply Chain lens. However, a quite substantial stream of research focuses on the flows of knowledge (rather than of physical goods) across space but, again, either in the context of clusters [58,59] rather than in entrepreneurial ecosystems or in terms of multinational corporations' intra-firm knowledge transfers across borders, i.e., within the context of a single organisation operating across a number of different country locations, that which makes such knowledge flows affected by a peculiar set of purposes and of promoting and hindering factors [60].…”