Technology Licensing Associate 1 Office of Technology Licensing Job Code: 4501, Grade: I Exempt, Full-time *This position is based on Stanford's Redwood City campus *
The Office of Technology Licensing at Stanford University seeks to fill one Technology Licensing Associate 1 position, with a focus on life sciences. In this role, you will be mentored by experienced Licensing Associates, and will collaborate with inventors to evaluate and develop technology licensing opportunities and strategies, negotiate the terms and conditions of agreements and administer patent-related activities.
This position assumes only limited knowledge of market assessment and intellectual property protection and licensing and will offer extensive on-the-job training in these areas.
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. CORE DUTIES* With guidance from a group of experienced Licensing Associates, you will learn and progressively take responsibility for the following:
Evaluate and analyze new invention disclosures, including initial review, participate in inventor meetings, identify and follow up on third party obligations, assess business opportunities and review and make initial assessment of invention patentability.
Collaborate with Business Development and Marketing specialists and inventors on developing and implementing marketing strategies for new inventions.
Participate in developing licensing strategies, identify and initiate contact with potential licensees, negotiate terms, prepare draft agreements, and close the deal.
Administer patent-related activities including attorney selection, determination of geographies and timing for filing, instruction of attorneys following review of official actions and attorney work products, and case management of an inventory of inventions.
Assist in monitoring 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.