SCHOOL/UNIT DESCRIPTION:
Dean of Research / Office of Technology Licensing: The Office of Technology Licensing (OTL) was established in 1970 to manage the intellectual property assets of Stanford University. OTL evaluates, markets, and licenses technology owned by the University. OTL's mission is to encourage effective technology transfer for the public benefit as well as generating royalty income for Stanford to benefit research and education. OTL is one of the country's most active offices in the field of technology transfer from the university to industry. Our staff, most of whom are professionals engaged directly in licensing, manages over 3,000 active dockets.
Our VPDoR Diversity Journey:
- We create a hub of innovation through the power of diversity of disciplines and people.
- We provide equitable access and opportunity to all members of the community in order to do their best work, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law.
- We listen to and value all colleagues who bring diverse perspectives to the advancement and development of a respectful community.
- We promote a culture of belonging, equity, and safety.
- We embed these values in excellence of education, research, and operation.
POSITION SUMMARY:
The OTL is seeking to fill a Technology Licensing Associate 2 position. In this position, you will be expected to, with limited supervision, collaborate with inventors to evaluate and develop technology licensing opportunities. You will be a key contributor to the OTL’s Life Sciences Licensing Team with responsibilities of evaluating new inventions, developing licensing opportunities and strategies, negotiating the terms and conditions of agreements, and administering patent-related activities. This position requires significant knowledge of negotiation strategies, technology market assessment, intellectual property protection and licensing, as well as working knowledge of IP terms in various contracts and grants.
The preference for this position is to be based at the Stanford work location with the option of a hybrid work arrangement, subject to operational need. Hybrid work arrangements require a regular presence at the Stanford work location that is determined based on business needs, and is typically two, three, or four days per week or an equivalent amount of time monthly.
CORE DUTIES:
- With limited supervision, evaluate and analyze new invention disclosures, including initial review, meeting with inventor(s), identifying industry reviewers, making contact, and sending materials.
- Follow-up, collect and evaluate information, and provide necessary notifications.
- Develop licensing strategy, identifying potential licensees, negotiating terms, preparing draft agreements, and closing the deal.
- Oversee patent-related activities including selection of attorney, determination of when and where to file patent applications, and management of an inventory of unlicensed cases from a financial perspective.
- Monitor license agreements, ensure compliance with diligence terms, prepare and execute amendments, and process terminations.
- Maintain and develop relations with licensees; monitor progress in licensed product(s) development.
- * Other duties may also be assigned.
Specific job responsibilities include:
- Manage a complex portfolio of university inventions.
- Assessment of inventions and identification of commercial applications through patent landscape and market research analysis
- Assist in developing strategies for protecting intellectual property, which may include pursuing patents as necessary.
- Provide advice on technology commercialization and build positive relationships with assigned faculty members as well as new inventors to provide feedback to researchers to meaningfully advance technologies toward commercial end points.
- Perform licensing responsibilities post disclosure including identifying and qualifying licensees; assist with marketing strategies and plans; draft business terms for license agreements; negotiate and execute license agreements; and actively manage technology portfolio including complex technologies and issues.
- Coordinate efforts on a wide range of activities with other USC Stevens staff members, university researchers, business partners, law firms, and others; tracking activities in databases and ensuring that information is up to date.
- Engage in outreach activities of the Stanford OTL team by helping to organize and attend networking events on campus.
- Be an ambassador for Stanford and OTL by acting as primary contact for certain faculty members as assigned.
- Maintain up to date knowledge of emerging technologies and best practices in licensing agreements.
- Ability to manage intricate situations involving multiple and sometimes competing stakeholders.
MINIMUM REQUIREMENTS:
Education & Experience:
Bachelor's degree in the life sciences discipline and five years of relevant experience or combination of education and relevant experience.
Preferred requirements:
- Strong working knowledge of intellectual property law and industry-standard licenses, including royalty rates and license structures.
- Ph.D. degree in a life sciences discipline is preferred.
- Experience in tech transfer (government, industry, or academia) preferred.
Knowledge, Skills and Abilities:
- Excellent interpersonal, oral, written and presentation skills to connect with senior-level faculty, administration, and industry partner executives, and the ability to build relationships within the campus and ecosystem.
- Demonstrated customer relationship skills, and the ability to influence and negotiate with internal constituencies and external business partners while maintaining and expanding effective relationships.
- Demonstrated ability to take ownership and leadership of projects from inception to completion, including developing strategy, implementation and execution of tasks.
- Strong technical training and analytical skills sufficient to gain a rapid understanding of new cutting-edge technologies.
- Demonstrated ability to independently exercise sound judgment and decision making, problem solving and critical analysis.
- Demonstrated knowledge of contract and patent laws, University policies, industry and regulatory requirements.
- Strong organizational skills and the ability to prioritize a large variety of tasks and demands, while maintaining a high standard of quality.
- Strong computer skills, including Microsoft Office Suite and ability to learn applicable business-related systems.
PHYSICAL REQUIREMENTS:
- Frequently perform desk-based computer tasks, seated work and use light/ fine grasping.
- Occasionally stand, walk, use a telephone, lift, carry, push, pull objects that weigh up to 10 pounds.
- Rarely writes by hand.
WORK STANDARDS:
- Interpersonal Skills: Demonstrates the ability to work well with Stanford colleagues and clients and with external organizations.
- Promote Culture of Safety: Demonstrates commitment to personal responsibility and value for safety; communicates safety concerns; uses and promotes safe behaviors based on training and lessons learned.
- Subject to and expected to comply with all applicable University policies and procedures, including but not limited to the personnel policies and other policies found in the University’s Administrative Guide, http://adminguide.stanford.edu.
The expected pay range for this position is $134,000 to $168,000 per annum.
Stanford University provides pay ranges representing its good faith estimate of what the university reasonably expects to pay for a position. The pay offered to a selected candidate will be determined based on factors such as (but not limited to) the scope and responsibilities of the position, the qualifications of the selected candidate, departmental budget availability, internal equity, geographic location and external market pay for comparable jobs.
At Stanford University, base pay represents only one aspect of the comprehensive rewards package. The Cardinal at Work website (https://cardinalatwork.stanford.edu/benefits-rewards) provides detailed information on Stanford’s extensive range of benefits and rewards offered to employees. Specifics about the rewards package for this position may be discussed during the hiring process.
Why Stanford is for You
Imagine a world without search engines or social platforms. Consider lives saved through first-ever organ transplants and research to cure illnesses. Stanford University has revolutionized the way we live and enrich the world. Supporting this mission is our diverse and dedicated 17,000 staff. We seek talent driven to impact the future of our legacy. Our culture and unique perks empower you with:
- Freedom to grow. We offer career development programs, tuition reimbursement, or audit a course. Join a TedTalk, film screening, or listen to a renowned author or global leader speak.
- A caring culture. We provide superb retirement plans, generous time-off, and family care resources.
- A healthier you. Climb our rock wall, or choose from hundreds of health or fitness classes at our world-class exercise facilities. We also provide excellent health care benefits.
- Discovery and fun. Stroll through historic sculptures, trails, and museums.
- Enviable resources. Enjoy free commuter programs, ridesharing incentives, discounts and more!
The job duties listed are typical examples of work performed by positions in this job classification and are not designed to contain or be interpreted as a comprehensive inventory of all duties, tasks, and responsibilities. Specific duties and responsibilities may vary depending on department or program needs without changing the general nature and scope of the job or level of responsibility. Employees may also perform other duties as assigned.
Consistent with its obligations under the law, the University will provide reasonable accommodations to applicants and employees with disabilities. Applicants requiring a reasonable accommodation for any part of the application or hiring process should contact Stanford University Human Resources by submitting a contact form.
Stanford is an equal employment opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law.
