ThinkBox: the cumulative transitions of the deep tech entrepreneur

[...]because of the nature of their invention, deep tech startups are generally linked to radical innovation. [...]the ability to structure entrepreneurial judgment governance may explain the deep tech startup growth. Governance is characterized by determining who has the mandate, the standards and guidelines for judgment, and when, why and how to exercise entrepreneurial judgment. [...]entrepreneurial judgment governance happens when the founder grants the decision-making rights for the exercise of judgment to other company members or external stakeholders. In this sense, an ecosystem adds value as a business model when it allows actors to coordinate their dependence under similar rules but in different roles, and there is no need to establish customized contractual agreements with each actor to create and capture value (Jacobides, Cennamo, & Gawer, 2018; Adner, 2017). [...]an ecosystem is conceived as a transactional community of interacting actors in which everyone affects each other through their activities (Jacobides et al., 2018). [...]each ecosystem usually has a different interdependence structure, with varying governance logics and particular forms of orchestration and leadership.