INNOVATION AND COMMERCIALIZATI (UA-ICO-IUINA)

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.

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

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

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.

Indianapolis, Indiana or Bloomington, Indiana