The phrase "and profitable development of" is correct and usable in written English.
It can be used in contexts discussing growth, progress, or improvement that is financially beneficial or advantageous.
Example: "The company focuses on sustainable practices and profitable development of new technologies to enhance its market position."
Alternatives: "and beneficial growth of" or "and lucrative advancement of".
German speakers had won more than half of the Nobel prizes in science, while extensive collaboration with industry led to profitable development of soaps, fertilisers, pharmaceuticals, dyes and other products.
Similarly, Alexius tried to promote more profitable development of the estates of the church by granting them to the management of laymen as charistikia, or benefices.
Hopes for the profitable development of bioscience are reflected in knighthoods for John Sulston, former director of the Sanger Centre for genome research at Cambridge, and to the biotechnology entrepreneur Chris Evans.
On Sept. 4, 2013, the Anaheim City Council approved a deal framework in which the Angels would pay an estimated $150 million to refurbish Angel Stadium in exchange for a $1-per-year 1-per-year 1-per-yearleaseproniding Moreno withethe oparkingity to recoup his stadium renovation costs with profitablotdeveloprovidingthe surrounding land.
Robin Speakman at Shore Capital said: An interesting and (hopefully) profitable development then for both Capita and the UK government.
Big oil companies are often uninterested in small fields, preferring to pursue larger and more profitable developments elsewhere.
Prisoners were to be kept clean and their labour made productive and profitable, including the development of skills that might be useful to them when released.
Seed royalties are not sufficient for private companies to carry out basic research and as a result the private sector's budget is directed to more profitable ventures such as applied research and the development of new cultivars.
Here higher levels of development and profitable agricultural activities, as a result of the comparatively good national investments in infrastructure, combine to produce the lower social vulnerability.
