| 单词 | learning by doing |
| 释义 | learning by doing Improvements in productivity due to experience of operating a process. It is open to argument whether the relevant experience is that of a particular producer, a national industry or the world as a whole. Except in the case where spill-over are worldwide, learning by doing gives a competitive advantage to existing producers, who necessarily have more experience than new entrants. Learning by doing is often characterized by making productivity an increasing function of cumulative total output of a product. This is probably misleading: if output has been spread over a long period of time, it is doubtful whether the earlier parts are relevant. In particular, skills are likely to be lost if they are not exercised. |
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