Abstract :
The rapid technological advances of the 1960s and 1970s have provided many opportunities for new companies to spring up almost overnight, and to prosper and expand, particularly in the electronic components and semiconductor areas. Unfortunately, that same dramatic expansion in the electronics field has also meant that traditional companies with established and successful product lines, and with profitable operations, have found themselves in considerable difficulty in finding the necessary resources to adapt to, and invest in, new technologies and techniques. Such a situation arose in the early 1970s for Morganite Resistors Ltd.