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A leading university institution is seeking a Licensing Agreement Manager to foster connections between inventors and external collaborators. This role involves negotiating and managing technology licensing agreements, developing programs to support faculty, and contributing to the overall technology licensing strategy. Ideal candidates should have significant experience in licensing within corporate or academic environments and possess strong communication and collaboration skills.
The Innovation and Commercialization Office (ICO) is responsible for fostering connections between Indiana University (IU) inventors and external collaborators and facilitating the transfer of university discoveries to the market. ICO works to establish partnerships between research and industry, provide connections to resources, commercialization guidance, and business engagement. The Licensing Agreement manager will work with the Director of Engagement, Agreements, and Licensing to draft and negotiate license agreements and work collaborate with the ICO Technology Development team and ICO operations Team.
Responsibilities of the Licensing Agreement Manager include:
Department-Specific Responsibilities
-Creates term sheets
-Collaborates with operations team for license execution process and post-license compliance
-Collaborates with technology development team on licensing needs for their respective areas
-May provide guidance and support to less experienced colleagues, including managing student interns and/or law externs in the evaluation, handling, commercialization disposition of inventions
-Develops initiatives, attends seminars, and makes independent presentations to educate IU faculty and researchers about technology commercialization procedures and coach them on strategies; interacts with stakeholders for university technology commercialization and advises such offices on IP clauses in their agreements
-Negotiates and drafts technology license agreements, royalty agreements and other commercial agreements; provides guidance to technical staff in developing strategies as to which industries are interested in university technology
-Develops and implements the technology licensing program to support faculty and/or staff (choosing legal entity, deciding whether to lease employees or hire their own employees, deciding where to locate start-up companies, sharing strategies for raising early stage funding, etc.) and help commercialize technology in its early stages; works with innovation and commercialization and licensing staff to ensure close integration between efforts and to support faculty and staff in transitioning their start-up companies
-Contributes to the development of the university's technology licensing strategy; advises senior leaders and stakeholders on likely impacts of various policy alternatives
-Contributes to the development of training programs to faculty and/or staff to educate them on technology licensing law and requirements and presents relative material
-Represents the university and faculty/staff in discussions with industry partners interested in licensing university technology; may be responsible for representing the university on various internal and/or external committees related to technology licensing
-Provides guidance and support to less experienced licensing staff
EDUCATION
Required
Bachelor's degree (preferably in life sciences, engineering, biomedical science, or related technical field)
Preferred
Advanced degree such as Ph.D or terminal degree in life sciences, chemistry, medical, engineering, business administration, or related field
Related continuing education
WORK EXPERIENCE
Required
7 years of corporation, and/or university experience in negotiating, drafting, and managing of technology licensing agreements
Preferred
5 years of relevant experience in academic or related industry
LICENSES AND CERTIFICATES
Preferred
Certified licensing professional
SKILLS
Required
Proficient communication skills
Maintains a high degree of professionalism
Demonstrates time management and priority setting skills
Demonstrates a high commitment to quality
Possesses flexibility to work in a fast paced, dynamic environment
Seeks to acquire knowledge in area of specialty
Highly thorough and dependable
Demonstrates a high level of accuracy, even under pressure
Possesses a high degree of initiative
Ability to influence internal and/or external constituents
Excellent collaboration and team building skills
Demonstrates excellent judgment and decision making skills
Preferred
Knowledge of the unique requirements of venture capitalists desired
Working Conditions / Demands
This role requires the ability to effectively communicate and to operate a computer and other standard office productivity equipment. The position involves sedentary work as well as periods of time moving around an office environment and the campus. The person in this role must be able to perform the essential functions with or without an accommodation.