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Blue Ocean Strategy is a business strategy book written by Professors W. Chan Kim and Renée Mauborgne of INSEAD, a leading global business school, that promotes creating new market space or "Blue Ocean" rather than competing in an existing industry.[1] It contains retrospective case studies of business success stories the authors claim were Blue Ocean Strategies. The book has sold more than a million copies in its first year of publication and is being published in 41 languages.[2]