konkurentnosti

Konkurentnost, commonly translated as competitiveness, is the ability of a company, industry, region, or economy to compete effectively in markets over time. At the firm level, it is often evaluated through price, quality, delivery reliability, and innovation. At the macro level, it reflects sustainable growth, productivity, and the capacity to attract investment, talent, and jobs in the face of global competition. In Slavic languages, the noun form competitive advantage is expressed as konkurentnost, with variations such as konkurentnosti used in certain grammatical cases.

Measuring konkurentnost involves multi-dimensional frameworks and indicators. International assessments typically combine productivity, human capital, infrastructure, institutions, macroeconomic stability, and market efficiency. Frameworks such as Porter’s diamond and global competitiveness indices emphasize how demand conditions, related industries, firm strategy, government policy, and chance interact to shape outcomes. National or regional competitiveness is thus a moving target driven by technology, innovation, and the business environment.

Key determinants include institutions and governance, rule of law, and property rights; macroeconomic stability and sound fiscal policy; investment in infrastructure; education and skills; research and development; and vibrant competition. For firms, factors such as access to capital, supply chain reliability, and adaptability to markets matter alongside cost structures and quality standards. For economies, openness to trade, flexible labor markets, and effective regulatory regimes support competitive performance across sectors.

Policy implications focus on creating a conducive environment for productivity growth. This often involves investing in human capital and R&D, reducing unnecessary regulatory barriers, strengthening competition policy, improving infrastructure, and ensuring stable macroeconomic conditions. Critics note measurement challenges and the risk of overemphasizing short-term indicators at the expense of broader welfare.