Topic
Embeddedness
About: Embeddedness is a research topic. Over the lifetime, 4773 publications have been published within this topic receiving 229721 citations.
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TL;DR: The relationship between the social and economic aspects of economic activity has been investigated in this paper, where the authors investigate the relationship between polanyi's depiction of the relationship and embedding and subsequent discourse on embeddedness.
Abstract: The Review of Social Economy was founded to highlight the irreducible social aspects of economic activity. Yet, the nature of the ‘social’ and the ‘economic’ are both unresolved, and they are much more problematic than often assumed. This article probes Karl Polanyi’s depiction of the relationship between the ‘social’ and the ‘economic’ and subsequent discourse on ‘embeddedness’. In his Great Transformation (1944) Polanyi associated the ‘economic’ with motives of material gain, while ‘social’ referred to norms of reciprocity and redistribution: his distinction between the ‘social’ and the ‘economic’ then focused primarily on different kinds of motivation. But in a 1957 essay he brought in different kinds of institutions that engender different types of motivation. Polanyi (1944) argued that after 1800 Britain was transformed into a market-oriented ‘economic’ system, based on motives of greed and material gain. He also proposed that an effective market system had to be ‘self-adjusting’ and free of ...
62 citations
TL;DR: In this article, the authors examined the post-acquisition integration process in a company faced with an unanticipated drop in demand due to the global economic crisis and found that integration is embedded in a set of co-evolving processes.
62 citations
TL;DR: In this article, the authors consider the social construction of a manager's choices; in particular, the individual, institutional and societal influences on behaviour, and the analysis and empirical illustration suggest that such a perspective provides a richer, more inclusive explanation of behaviour than is provided by positive approaches.
Abstract: Positive studies of a manager's selection of accounting practices have focused on a small number of compensation, contracting and political variables to explain behaviour. These studies, by ignoring the embeddedness of managers in social relations, have unnecessarily assumed away many of the social factors that influence and constrain one's choices. This study considers the social construction of a manager's choices; in particular, the individual, institutional and societal influences on behaviour. The analysis and empirical illustration suggest that such a perspective provides a richer, more inclusive explanation of behaviour than is provided by positive approaches.
62 citations
TL;DR: In this article, the authors developed conceptual and empirical evidence for the importance of social practice institutions in the internationalization process of management-consulting firms and examined personal trust and reputation rather than price as key mechanisms of foreign market entry and penetration.
Abstract: This paper develops conceptual and empirical evidence for the importance of social practice institutions in the internationalisation process of management-consulting firms. Personal trust and reputation rather than price are examined as key mechanisms of foreign market entry and penetration. Empirical case studies in London, Frankfurt, and Madrid produce three findings. First, enduring client relations and client referrals facilitated most foreign firm entries and the majority of local client acquisition. Second, interview findings imply a critical assessment and reconceptualisation of trust and reputation. Empirically, goodwill trust and networked reputation are substantiated as particularly important transaction mechanisms. Third, a triangulation of interview and survey data reveals a causal relation between trust and reputation that enhanced a cumulative growth of social networks within the new host markets. This research points to the importance of social practice institutions for economic organisatio...
62 citations
Book•
08 Jan 2015
TL;DR: Governing the Embedded State as mentioned in this paper integrates governance theory with organization theory and examines how states address social complexity and international embeddedness, and describes a strategy of governance based in a metagovernance model of steering by designing institutional structures.
Abstract: Governing the Embedded State integrates governance theory with organization theory and examines how states address social complexity and international embeddedness. Drawing upon extensive empirical research on the Swedish government system, this volume describes a strategy of governance based in a metagovernance model of steering by designing institutional structures. This strategy is supplemented by micro-steering of administrative structures within the path dependencies put in place through metagovernance. Both of these strategies of steering rely on subtle methods of providing political guidance to the public service where norms of loyalty to the government characterize the relationship between politicians and civil servants. By drawing upon this research, the volume will explain how recent developments such as globalization, Europeanization, the expansion of managerial ideas, and the fragmentation of states, have influenced the state's capacity to govern. The result is an account of contemporary governance which shows the societal constraints on government but also the significance of close interaction and cooperation between the political leadership and the senior civil servants in addressing those constraints.
62 citations