Building effective international joint venture leadership teams in China

An overlooked factor affecting the success or failure of international join t ventures is the effectiveness of the leadership teams put in charge. In t his paper we analyze the special features of leadership teams in Chinese-fo reign joint ventures and identify was to improve their effectiveness. We id entify five key elements of the IJV leadership team-composition, process, s tructure, incentives, and the leader's behaviors-that have important implic ations for IJV success. Our analysis is based on the literature on top mana gement teams, cross-cultural behavior, international joint ventures, and ou r own in-depth interviews with leadership teams from international joint ve ntures in China.