When I buy a knife, I look at what kind of steel it’s made from. There are 4 categories. Edge retention, toughness, corrosion resistance, and hardness. Think about what you are going to use it for and choose accordingly.
To answer your question, what makes a knife better is “was it designed to do the job you need it to do?”
If you need a more specific answer, you’ll have to provide more info, or ask a different question, like “What makes one (butcher knife, cleaver, switchblade, machete, pen knife, folding knife, hunting knife, etc.) better than another?”
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