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Create a 7 pages page paper that discusses management of technology and innovation in business. In fact, it is other companies and particularly competitors that quickly learn the new technological ideas, improve or implement them as they are and make the best of value from the competitive advantage. A good example here would be the emergence of management consultancy where consultancy firms have faced fierce competition and put in jeopardy as clients and the market finds comfort on the conventional knowledge-based systems because of the convenience derived from it both in business and social circles.

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