Embeddedness is a core concept within economic sociology and related disciplines, positing that economic action is fundamentally situated within and shaped by non-economic institutions, social relations, and spatial contexts. This perspective challenges atomistic views by highlighting the interdependence of economic and non-economic spheres. As a research concept, it investigates how social networks, cultural norms, institutional environments (both formal and informal), and geographical location constrain, enable, and influence economic behavior, organizational forms, and market dynamics. Its significance lies in providing a framework to understand variations in economic organization and outcomes across different contexts and demonstrating the critical role of embedded relationships and structures in shaping economic processes, including entrepreneurship.