The purpose of the paper is to define the emerging concept of strategic innovation.
This is achieved by means of a literature review and discussion of the literature.
The concept is defined in precise and measureble terms.
It is now possible and much necessary to conduct empirical research on strategic innovation in order to test and strengthen the definition.
The definition is related to empirical praxis and can be used to test or analyze the practice of management.
A useful and practical definition aimed to creating future research.
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