Linear waves are characterized by superposition, meaning if two solutions exist, their combination is also a solution, and they typically exhibit non-dispersive behavior where wave speed is constant regardless of wavelength. In contrast, non-linear waves do not follow this principle, and their behavior can lead to complex interactions and varying wave speeds. The discussion highlights that linear equations can still produce dispersive waves, as demonstrated by the free particle Schrödinger equation. The distinction between linear and non-linear waves is crucial in fields like wave mechanics and optics. Understanding these differences is essential for applications in physics and engineering.