The Innovation ecosystem has become an emerging area of academic research within the last 15 years Grandstrand and Holgersson, 2020) and this has been recognized as a key element to achieve value proposition in particular for innovative firms (Talmar et al. 2020). However, no comprehensive approach has been developed in order to understand the extent to which this ecosystem is affected by external environment and if any remedial action needs to be taken by the firms in order to bring the ecosystem back to its normal status following a major external event/shock with a severe impact or potential disruption.