This title was first published in 2002. The concept of embeddedness
refers to the social construction of inter-firm relationships and
the enmeshing of economic relationships within broader social
structures and relationships in particular places. Previous
research has suggested embedding is the best way to generate local
growth and social capital and has focused on SMEs in Europe and
North America, although the existing model is being more widely
adopted now. This volume is the first to examine the complex
processes of embedding in this wider context. Bringing together a
broad range of case studies from the developed and developing world
which address the nature of embeddedness from various perspectives,
it not only questions the universality of the current model and the
policy initiatives it has spawned but also provides a much wider
understanding of embeddedness . It does so by discussing the social
dimensions more fully and by throwing light on the spatial and
temporal ambiguity of the concept and its inadequate treatment of
power.
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