Question: How do we define technology and innovation, and how are they related? What are the four areas that need to be managed by the firm

How do we define technology and innovation, and how are they related? What are the four areas that need to be managed by the firm if it is going to take advantage of technology it has and the technology it needs to create? What are the five Cs of managing innovation, and how do they help direct a firms innovation activities?

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