The New Economic Sociology is primarily concerned with how economic institutions, such as markets, firms, and corporations, interact with and shape social structures, such as class, gender, and race.

Embeddedness refers to the idea that economic activity is embedded in social relations and institutions, and that these relations and institutions shape economic outcomes.

Social capital encompasses the value of social networks and relationships, the ability to access and mobilize resources through social networks, and the trust and reciprocity that exists within a social group.

Institutional isomorphism refers to the tendency for organizations to become more similar to each other over time, adopting similar structures and practices, and converging in their organizational forms and practices.

The New Economic Sociology recognizes that culture both shapes and is shaped by economic forces, acknowledging the complex interplay between culture and economy.

Mark Granovetter, Harrison White, and Richard Swedberg are all prominent figures in the New Economic Sociology, having made significant contributions to the field.

The New Economic Sociology critiques rational choice theory for its assumption of individual rationality and its neglect of social context and institutions.

The New Economic Sociology has been criticized for its focus on micro-level analysis, its neglect of the role of the state in the economy, and its deterministic approach, which tends to downplay the role of agency and individual choice.

The New Economic Sociology has had a significant impact on other fields of sociology, leading to a renewed interest in economic sociology, influencing the development of cultural sociology, and contributing to the development of political sociology.

Current research topics in the New Economic Sociology include the role of social networks in economic outcomes, the impact of globalization on economic inequality, and the relationship between culture and economic development.