Tri-Space Framework for Understanding MNC Behaviour and Strategies:An Institutionalism and Business System Perspective

Abstract

This paper presents a framework called ‘Tri-Space’ that comprises three overlapping social spaces, indicating three different concepts: institution and business systems, civil society, and transnational communities. Tri-space framework broadens the horizon of understanding of how MNCs behave and what factors/actors from these spaces tend to shape their strategies in host context. It thus combines both national and global dimensions of societal concept in which it includes a broader view of ‘institution’ that comparative business system/capitalism advocates, and that also overcomes the limitations of ‘institutional view’ international management studies tend to use