This is the 10351st most frequent German word.
produktentwicklung
Product development.
Here, 'Produktentwicklung' is used as a subject noun, indicating the significance of the process of developing products within the enterprise.
Die Produktentwicklung spielt eine entscheidende Rolle im Unternehmen.
Product development plays a crucial role in the company.
'Produktentwicklung' is used in conjunction with 'Abteilung' (department), referring specifically to the team or unit associated with the development of products.
Unsere Abteilung für Produktentwicklung arbeitet an innovativen Lösungen.
Our product development department is working on innovative solutions.
In this sentence, 'Produktentwicklung' is attached to an adjective 'fortschrittliche' (advanced), emphasizing the quality and progressiveness of the product development efforts.