Overview

learning by doing


Show Summary Details

Quick Reference

A term applied to describe an increase in a worker's productivity through practice. This concept is used in some endogenous growth models to explain increasing returns to human capital. Except in the case where spill-overs 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 productivity increasing in cumulative total output of a product.

Subjects: Economics.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.