A phenomenon where firms tend to be better at generating new knowledge than at creating new products based on that knowledge is referred to as the ________.
A) learning curve effect
B) knowledge breach
C) knowledge-doing gap
D) learning-doing gap

Question

Quizplus · Accepted Answer

The knowledge-doing gap refers to the phenomenon where firms struggle to apply the new knowledge they have acquired in creating new products or services. While they may be successful in generating new knowledge, they may lack the ability to effectively implement it in their operations, resulting in a gap between what they know and what they do. The learning curve effect refers to the phenomenon where firms become more efficient in their operations as they gain experience, while the knowledge breach and learning-doing gap are not commonly used terms in this context.

A Phenomenon Where Firms Tend to Be Better at Generating