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English definition of “competitiveness”

competitiveness

noun [U]     / kəmˈpetɪtɪvnəs/ US   /-ˈpeṱəţɪv-/ (also competitivity) ECONOMICS
the ability of a business , a country , or a person to compete : This deal should help the company's competitiveness at home and abroad . Critical revisions may contribute substantially to the performance improvements needed for competitiveness.
→ See also external competitiveness
(Definition of competitiveness noun from the Cambridge Business English Dictionary © Cambridge University Press)
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