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In economics and economic sociology, embeddedness refers to the degree to which economic activity is constrained by non-economic institutions. The term was created by economic historian Karl Polanyi as part of his substantivist approach. Polanyi argued that in non-market societies there are no pure economic institutions to which formal economic ...
Embedded system, a special-purpose system in which the computer is completely encapsulated by the device it controls; Embedding, installing media into a text document to form a compound document
Karl Polanyi, in his book The Great Transformation, was the first theorist to propose the idea of "embeddedness", meaning that the economy is "embedded" in social institutions which are vital so that the market does not destroy other aspects of human life. The concept of "embeddedness" serves sociologists who study technological developments.
Job embeddedness was first introduced by Mitchell and colleagues [1] in an effort to improve traditional employee turnover models. According to these models, factors such as job satisfaction and organizational commitment and the individual's perception of job alternatives together predict an employee's intent to leave and subsequently, turnover (e.g., [4] [5] [6] [7]).
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EEC is divided into two aspects: embodiment and embeddedness (or situatedness). Embodiment refers to the idea that the body's internal milieu (a.o. homeostatic and hormonal states) heavily influences the higher 'cognitive' processes in the brain, presumably via the emotional system (see e.g. Antonio Damasio's theory of somatic markers).
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