Samkeppnishæfis
Samkeppnishæfis is a term used in Icelandic economics and business literature to denote the competitive ability or competitiveness of a company, industry, or economy to perform in markets over time. It captures the capacity to maintain or increase market position in the face of rivals, considering price, quality, innovation, service, and other factors that influence buyers’ choices. The word combines samkeppni (competition) and hæfi/hæfni (ability).
Factors contributing to samkeppnishæfis include cost efficiency, productivity, product differentiation, branding, customer service, access to distribution
Assessments of samkeppnishæfis rely on indicators such as productivity growth, unit labour costs, export performance, market