Constitutive Choices

  • Simone Fari


The driving force, the main player in all three initial phases of British telegraphs, was Cooke, who right from the beginning operated as an entrepreneur in the Shumpeterian sense of the word. He identified an innovative technology, studied its possible applications to industry and commerce, raised the necessary capital and then founded the first company in the sector, laying the basis for a long dominion with the help of the entry barriers that he, too, had raised. Only at the end of this operation, its survival and industrial continuity guaranteed, did Ricardo step in. His great merit was to identify in correspondence and intelligence services the core businesses of the Electric and forge its organizational structure to meet the need.


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© Simone Fari 2015

Authors and Affiliations

  • Simone Fari
    • 1
  1. 1.University of GranadaSpain

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