Abstract
This is the second of two articles which present an abstract of an address by Dr. Roland P. Soule, delivered before the January meeting of the Industrial Research Institute. In the first article, which appeared in the previous issue of TEXTILE RESEARCH, Dr. Soule out lined changes which have been taking place in research and technology and discussed the impact of these changes on corporate profits and corporate policies. A simile was drawn between the life cycle of a typical industrial product and that of a human being: "Corporate profits can no more be per petuated without new products than family names can be perpetuated with out new children."
Reprints of these two articles bound in pamphlet form will be available on request from Textile Research Insti tute, Inc., 10 East 40th St., New York 16, N. Y.
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