The
purpose of this conceptual paper is to understand how the industry level
institutional complexity influences MNEs. The study builds a theoretical
framework based on the literature on institutional complexity, the
socio-political behavior of MNEs, and foreign direct investments and MNE
location choice. By exploring the different forms of
institutional complexity and their implications for MNEs offers more
possibilities to differentiate and thus compare institutional contexts beyond
national level.  In addition, by
identifying in more detail how and why institutional contexts differ, the
framework will offer a more systematic way to recognize and capture the
multiple contexts of MNE characterized by different opportunities and
constraints.