(きょうそうりょく)

きょうそうりょく
noun
competitiveness; competitive power
1. competitiveness; competitive power; ability to compete
The capacity of a company, product, country, or individual to compete effectively against rivals. A key term in business, economics, and policy discussions.
この製品(せいひん)競争力(きょうそうりょく)がある。
This product is competitive.
国際的(こくさいてき)競争力(きょうそうりょく)(たか)めることが急務(きゅうむ)だ。
Enhancing international competitiveness is an urgent task.
人件費(じんけんひ)上昇(じょうしょう)により、価格(かかく)競争力(きょうそうりょく)低下(ていか)している。
Due to rising labor costs, price competitiveness is declining.

Formed from 競争(きょうそう) (competition) + (りょく) (power, ability). A high-frequency term in business news, economic reports, and policy discussions. Describes the objective ability to compete, not the subjective desire to compete (which is 競争心(きょうそうしん)).

COMMON COLLOCATIONS:

  • 競争力(きょうそうりょく)がある: to be competitive
  • 競争力(きょうそうりょく)(たか)める: to enhance competitiveness
  • 競争力(きょうそうりょく)(うしな)う: to lose competitiveness
  • 価格(かかく)競争力(きょうそうりょく): price competitiveness
  • 国際(こくさい)競争力(きょうそうりょく): international competitiveness

SIMILAR WORDS:

  • 競争心(きょうそうしん): competitive spirit — subjective desire to compete, a personality trait
  • 実力(じつりょく): real ability — broader term for capability, not specifically about competing
  • 優位性(ゆういせい): superiority, advantage — the result of having competitiveness