Description

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.

Job Summary

Department-Specific Responsibilities

• Creates term sheets
• Collaborates with operations team for license execution process and post-license compliance
• 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

General Responsibilities

• 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
• Acts as thought-leader and contributes to the development of the university's technology licensing strategy; advises senior leaders and stakeholders on likely impacts of various policy alternatives
• Develops and presents training programs to faculty and/or staff to educate them on technology licensing law and requirements
• 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

Qualifications

Combinations of related education and experience may be considered. Education beyond the minimum required may be substituted for work experience. Work experience beyond the minimum required may be substituted for education.

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.

Work Location

Indianapolis, Indiana or Bloomington, Indiana

Benefits Overview

For full-time staff employees, Indiana University offers a wide array of benefits including:

• Comprehensive medical and dental insurance
• Health savings account with generous IU contributions
• Healthcare and dependent care flexible spending accounts
• Basic group life insurance paid by IU
• Voluntary supplemental life, long-term disability, critical illness, and supplemental accidental death & dismemberment insurance
• Base retirement plan with generous IU contributions, subject to vesting
• Voluntary supplemental retirement plan options
• Tuition subsidy for employees and family members taking IU courses
• 10 paid holidays plus a paid winter break each year
• Generous paid time off plans
• Paid leave for new parents and IU-sponsored volunteer events
• Employee assistance program (EAP)

Learn more about our benefits by reviewing the IU Benefit Programs Brochure .

Job Classification

Career Level: Expert
FLSA: Exempt
Job Function: Research
Job Family: Innovation & Commercialization
Click here to learn more about Indiana University's Job Framework.

Posting Disclaimer

This posting is scheduled to close at 11:59 pm EST on the advertised Close Date. This posting may be closed at any time at the discretion of the University, but will remain open for a minimum of 5 business days. To guarantee full consideration, please submit your application within 5 business days of the Posted Date.
If you wish to include a cover letter, you may include it with your resume when uploading attachments.

Equal Employment Opportunity

Indiana University is an equal opportunity employer and provider of ADA services and prohibits discrimination in hiring. See Indiana University Notice of Non-Discrimination here which includes contact information .

Campus Safety and Security

The Annual Security and Fire Safety Report, containing policy statements, crime and fire statistics for all Indiana University campuses, is available online . You may also request a physical copy by emailing IU Public Safety at iups@iu.edu or by visiting IUPD.