Transnational communities and business systems

Abstract

The paper examines the concept of ‘transnational communities’ as a way of understanding globalization practices in business and management. It argues that ‘transnational communities’ are emergent properties of the internationalizing of economic activity. Three specific aspects of this process are considered in detail: the development of multinational companies; the development of international regulatory bodies; and the development of cognitive and normative frameworks through the practices of business education, management consultancies and other global professional service firms. It is argued that in each case, transnational spaces are emerging; within these spaces, transnational communities are developing. The article calls for more research into the diverse nature of these spaces and communities as a way of avoiding the sterile polarities of what Held et al. (1999) refer to as the ‘hyperglobalists’ and the ‘sceptics’.