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  2. Embeddedness - Wikipedia

    en.wikipedia.org/wiki/Embeddedness

    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 ...

  3. Ambidextrous organization - Wikipedia

    en.wikipedia.org/wiki/Ambidextrous_organization

    For example, spatial separation was suggested as an appropriate solution for environments characterized by long periods of stability, disrupted by rare events of discontinuous change. [16] Research also found that firms operating in dynamic competitive environments rely on contextual ambidexterity rather than developing spatially separated ...

  4. Job embeddedness - Wikipedia

    en.wikipedia.org/wiki/Job_embeddedness

    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]).

  5. Business ecosystem - Wikipedia

    en.wikipedia.org/wiki/Business_ecosystem

    According to author Alan Marshall, for example, the metaphor is used to make out that somehow business operates using natural principles which should be left to run without interference by governments. [19] [pages needed] In the PESTEL-framework, ecology or environment is one of the criteria to analyse the external circumstances of a company.

  6. New institutional economics - Wikipedia

    en.wikipedia.org/wiki/New_institutional_economics

    The second is focused on the institutional environment and formal rules. It uses the economics of property rights and positive political theory. The third focuses on governance and the interactions of actors within transaction cost economics, "the play of the game". Williamson gives the example of contracts between groups to explain it.

  7. Global production network - Wikipedia

    en.wikipedia.org/wiki/Global_Production_Network

    sets of interorganizational networks clustered around one commodity or product, linking households, enterprises, and states to one another within the world-economy. These networks are situationally specific, socially constructed, and locally integrated, underscoring the social embeddedness of economic organization —

  8. Economic sociology - Wikipedia

    en.wikipedia.org/wiki/Economic_sociology

    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.

  9. Business transformation - Wikipedia

    en.wikipedia.org/wiki/Business_transformation

    Testing and implementing changes, usually in waves (this may take place over a number of years) Bedding in the change so that the organisation cannot move back to how it was and achieves the intended benefits; Business transformation can lead to developing new competencies and making better use of existing competencies. [6]

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