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Publications

NIBIOs employees contribute to several hundred scientific articles and research reports every year. You can browse or search in our collection which contains references and links to these publications as well as other research and dissemination activities. The collection is continously updated with new and historical material.

2024

Abstract

The chapter addresses the impacts of ethics in business’ competitiveness as they are naturally emerging in an embedded firm—i.e., a business organization that is “lifted out” from its market environment and instead explicitly takes into consideration social and environmental factors—e.g., socio-historical capital, environment, local resources, etc. In doing so we adopt the realist approach of the “soft” Polanyian interpretation of embeddedness where business organizations retain their corporate nature and continue to operate in the market economy; embeddedness is then built around the market economy and is expressed on the way the business organization is active in its relevant markets. Capital accumulation and other conventional corporate goals continue to drive the firm’s behavior which is now further impacted by local socio-ecological systems and a greater sense of responsibility and purpose.