“…Without embedding itself within an ecosystem of interdependent collaboration, the focal firm cannot succeed in any innovative activities and articulate feasible value propositions to customers (Talmar et al, 2018). Gomes et al (2018) note that there are some similarities between the concept of innovation ecosystems and that of national innovation systems (Freeman, 1995;Lundvall, 1992;Nelson, 1993), and sectoral systems of innovation (Breschi and Malerba, 1997;Smith and Zhang, 2014). In all systems of innovation at various levels, actors, networks, and institutions are key elements.…”