“…institutions, values, narratives) that extend beyond firm, industry, and sectoral boundaries (Adner, 2017; Dattée et al, 2018; Ganco et al, 2020; Jacobides et al, 2018; Sharmelly and Ray, 2018; Shipilov and Gawer, 2020). The ecosystem lens is especially prevalent in studies of entrepreneurship with scholars acknowledging that entrepreneurial activity does not occur in a vacuum but depends on networks of interacting agents and systems of material, social, and cultural forces (Berger and Kuckertz, 2016; Blair et al, 2020; Nair et al, 2020; Roundy et al, 2017; Spigel, 2017; Theodoraki et al, 2018). Studies have primarily focused on the ecosystems that support disruptive innovation (Chandra and Yang, 2011) in new industries, markets, and categories such as cryptocurrency (Fisch, 2019), mobile payments (Ozcan and Santos, 2015), independent power (Sine et al, 2005), and social investing (McDonald and Eisenhardt, 2020).…”