Some theories are so well-established that they are unlikely ever to be fundamentally changed (for example, scientific theories such as evolution, heliocentric theory, cell theory, theory of plate tectonics, germ theory of disease, etc.).
One lesson is that the reason a "good" theory should be testable, be coherent, be economical, be generalizable, and explain known findings is that all of these characteristics serve the primary function of a theory--to be generative of new ideas and new discoveries.
A theory is a well-substantiated explanation of an aspect of the natural world that can incorporate laws, hypotheses and facts.
The theory of gravitation, for instance, explains why apples fall from trees and astronauts float in space.