noun
economic competitiveness
Refers to the ability of a country, region, or company to compete in economic terms, often used in policy, business, and academic contexts.
日本の経済競争力を高めるためには、技術革新が不可欠だ。
Technological innovation is essential to enhance Japan's economic competitiveness.
このレポートは、各国の経済競争力を比較している。
This report compares the economic competitiveness of various countries.
競争力 is a broader term meaning 'competitiveness' in general, while 経済競争力 specifically refers to competitiveness in the economic domain.
Compound of 経済 (economy) + 競争力 (competitiveness). The exact historical derivation is uncertain, but the term is a straightforward modern compound.