The theory of knowledge by Socrates:

Socrates was a Greek philosopher from Athens when he was credited with being one of the originators
of Western way of thinking and as the principal moral scholar of Western moral customary idea. "Virtue
is knowledge" is one of Socrates' convictions, which is most popular and discussed, and was later
conjectured by his understudy Plato. The theory of knowledge is a discussion and clarification of
Socrates about how valuable and significant information is for an individual, since he accepted that an
informed individual or an individual with information can never commit an error.

For Socrates, knowledge is the most valuable thing in life, however, he believed that it is better to seek
knowledge and be conscious of your own ignorance than to claim knowledge that you really do not
have. For him, ‘knowledge’ is nothing but a concept or a truth that has a universal appeal the way it
exists around the world, having a responsibility built in it, to do or to bring good for the existing
concepts. Virtue is nothing but the goodness or the sense of goodness in a human life or a human mind.
According to him, the ignorant people knows no difference between the evil and good, they would do
anything they like or anything evil and think of it as a noble deed as they lack that knowledge of good
and bad.

The theory of knowledge by Plato:

Plato was an Athenian philosopher during the Classical period in Ancient Greece and student of
Socrates. For Plato, knowledge is to remember, remember. Search and learning are one and the same
act. This theory is based on the assumption of the immortality of the soul. If the body is mortal, the soul,
is immortal, so it holds all knowledge. If the soul has all the truth, there is however a method to give
birth, to make it remember: this is where the Socratic Method, the Socratic method of questioning. This
theory of Plato is called Platonic epistemology. Platonic epistemology holds that knowledge of Platonic
Ideas is innate, so that learning is the development of ideas buried deep in the soul, often under the
midwife-like guidance of an interrogator. In several dialogues by Plato, the character Socrates presents
the view that each soul existed before birth with the Form of the Good and a perfect knowledge of
Ideas. Thus, when an Idea is "learned" it is actually just "recalled".

Comparative study:

1) Socrates believed that knowledge is to be seek and received but Plato always believed that
knowledge lies within the human conscience and soul.

2) Socrates wanted to know the principle or rules that enables a human to differentiate between good
and bad. But apparently he couldn't get it from any experts in their own work fields thus he reached to
the conclusion "Nobody knows anything". But according to Plato, everybody knew the rules and
principles in other or previous life which they forgot when their souls were put in their body. But the
soul still has and makes the human behave accordingly because of that.