Process Patent Filed by MBA Faculty Members
19-Oct-2023
An Indian process patent titled 'Six-stage sole-partnership model for fund allocation to loss reduction in production and distribution' has been filed under the patent application number 023410699722 by the faculty members of the Dept. of Business Administration-MBA, including Prof. Samarth Shenoy Basthikar and Dr. Vishal Samartha, Director-MBA program. This innovative invention introduces a systematic six-stage process for collaborative production and distribution among partners, enabling individual selling. This structured approach enhances partnership coordination, optimizes production, and distribution while minimizing potential losses. The patented application is expected to be published shortly.
