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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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Journal ArticleDOI
TL;DR: This article proposed that the mixed findings of research on the internationalization-performance (I-P) relationship reflect its failure to adequately consider the moderating role of firms' home country formal and informal institutions.

184 citations

Journal ArticleDOI
TL;DR: The authors argued that Polanyi employed embeddedness as a methodological principle akin to methodological holism and as a theoretical proposition on the changing place of economy in society, which reveals a tension in his thought.
Abstract: While Polanyi argues that all economies are embedded and enmeshed in social relations and institutions, he tends to see market economy as disembedded, which reveals a tension in his thought. The main motivation for this paper is to understand the origins of this tension. On the basis of a systematic formulation of Polanyi's work, it is argued that Polanyi employs embeddedness in a dual manner: (a) as a methodological principle akin to methodological holism, and (b) as a theoretical proposition on the changing place of economy in society. These two formulations of embeddedness contradict each other. After tracing out the origins of this contradiction, this paper concludes by considering the implications of this analysis for economic sociology. It is argued that embeddedness as a methodological principle is the only acceptable usage of the term. Yet, in this capacity, embeddedness falls short of economic sociology's goal of providing a theoretical alternative to neoclassical economics.

184 citations

Journal ArticleDOI
TL;DR: In this article, the authors developed a political economic understanding of community-supported agriculture (CSA) and introduced a framework that relates CSA farmers' earnings to the average rate of profit, economic rents, and self-exploitation.
Abstract: In this article I develop a political economic understanding of community-supported agriculture (CSA). I first develop the relevance of three concepts—economic rents, self-exploitation, and social embeddedness—to CSA and then introduce a framework that relates CSA farmers’ earnings to the average rate of profit, economic rents, and self-exploitation. I then examine qualitative and quantitative data from a study of 54 CSAs in California’s Central Valley and surrounding foothills to explain the wide range of farmers’ earnings in relation to the characteristics of production of CSAs, the social embeddedness of CSAs, and the farmers’ motivations and rationalities. Qualitative data from interviews are used to interpret the results of an ordinary least squares regression analysis showing that (1) farmers’ age, number of employees, and type of CSA strongly shape farmers’ earnings; (2) the moral economy of CSA cuts both ways economically, allowing for the capture of economic rents but more often resulting...

184 citations

Book ChapterDOI
Jens Beckert1
TL;DR: In this article, the authors argue that it is not the embeddedness of economic action that should constitute the vantage point of economic sociology, but rather three coordination problems that actors face in economic exchange: the valuation of goods, competition and the problem of cooperation deriving from the social risks of exchange.
Abstract: Das Discussion Paper beschreibt, wie das von Karl Polanyi in dem Buch The Great Transformation angefuhrte Konzept der Einbettung in seiner Adaption durch die neue Wirtschaftssoziologie selbst eine "grose Transformation" erfuhr: wichtige Bedeutungen des Konzepts verschwanden, andere kamen hinzu. Zunachst werden die unterschiedlichen Bedeutungen des Konzepts der Einbettung in der neuen Wirtschaftssoziologie untersucht. Weiter wird argumentiert, dass nicht die Einbettung wirtschaftlichen Handelns als solche den Ausgangspunkt der Wirtschaftssoziologie bilden sollte, sondern vielmehr drei Koordinationsprobleme, mit denen Akteure in Tauschhandlungen konfrontiert sind: das Problem des Werts von Gutern, das Problem des Wettbewerbs und das Kooperationsproblem, das aus den sozialen Risiken des Tausches entsteht. Es wird gezeigt, dass die Wirtschaftssoziologie, die Wirtschaftsgeschichte und die Wirtschaftsanthropologie ausgehend von diesen Koordinationsproblemen gemeinsame Forschungsfragen entwickeln konnen, die einen systematischen Dialog uber die Disziplinengrenzen hinaus ermoglichen. In der darauf folgenden Darlegung des sozialreformerischen Anliegens Polanyis in The Great Transformation wird ein Aspekt des Werkes aufgezeigt, der von der neuen Wirtschaftssoziologie nicht aufgenommen wurde. Abschliesend werden Begrenzungen der Entwicklungen einer soziologischen Makrotheorie der Okonomie diskutiert, die sich aus der Verwendung des Konzepts der Einbettung als Kernbegriff der Wirtschaftssoziologie ergeben. I argue that in its adaptation from Karl Polanyi's The Great Transformation, the concept of embeddedness has itself undergone a great transformation. In the process, significant meanings of the concept have vanished, while others have been added. First I explore the different meanings the concept of embeddedness has achieved in the new economic sociology. Then I argue that it is not the embeddedness of economic action that should constitute the vantage point of economic sociology, but rather three coordination problems that actors face in economic exchange: the valuation of goods, competition and the problem of cooperation deriving from the social risks of exchange. I show that by proceeding from these coordination problems economic sociology, economic anthropology and economic history can find common research questions which allow them to enter into dialogue with each other more systematically. In the next section I focus on the social-reformist inclinations of Polanyi's use of the notion of embeddedness and thereby highlight a challenge posed in The Great Transformation that was largely not taken up by economic sociologists. Finally, I discuss limitations for developing a macro theory of the economy that result from making embeddedness the core concept of economic sociology.

183 citations

Journal ArticleDOI
TL;DR: The authors examined the relationship between cultural producers' position in the social structure and the consecration of their creative work by relevant audiences and found that peers are more likely to favor candidates who are highly embedded in the field, whereas critics will not show such favoritism.
Abstract: Building on recent research emphasizing how legitimacy depends on consensus among audiences about candidates’ characteristics and activities, we examine the relationship between cultural producers’ (candidates) position in the social structure and the consecration of their creative work by relevant audiences. We argue that the outcome of this process of evaluation in any cultural field, whether in art or science, is a function of (1) candidates’ embeddedness within the field, and (2) the type of audience—that is, peers versus critics—evaluating candidates’ work. Specifically, we hypothesize that peers are more likely to favor candidates who are highly embedded in the field, whereas critics will not show such favoritism. We find support for these hypotheses in the context of the Hollywood motion picture industry.

179 citations


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Performance
Metrics
No. of papers in the topic in previous years
YearPapers
20241
2023364
2022778
2021280
2020258
2019280