... Schumpeter's model of technological change, in which he emphasizes the dominant role of the entrepreneur [Russell, 2003]. Marconi clearly did cause change and growth and his personal engagement was at least equally important as the underlying science. The new science of electromagnetism did not "cause" technology right ... was not possible for him to improve his system without knowing what to improve (i.e. the stability and purity of the produced but still unknown waves at the transmitting end and the sensibility of the receiver). The situation was different two decades later: The develo...

• Word Count: 2176
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate