Licensing Associate

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. 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 limited knowledge of market assessment and intellectual property protection and licensing and will offer extensive on-the-job training in these areas. This is a 100% FTE, benefits-eligible position. For consideration, please submit resume. All final candidates must complete a background check. WORK SCHEDULE: Work Schedule: Hybrid work arrangement with at least 2 days per week on-site. BUDGETED SALARY: $129,035-$150,872 per annum Core Duties : With general supervision, evaluate and analyze new invention disclosures, where agreements tend to be modifications of established patterns, 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. Participate in developing licensing strategy, identifying potential licensees, negotiating terms, preparing draft agreements, and closing the deal. Administer 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. Assist in monitoring license agreements, ensuring compliance with diligence terms, preparing and executing amendments, and processing terminations. Maintain and develop relations with licensees; monitor progress in licensed product(s) development. Minimum Education and Experience Bachelor’s degree in a scientific or engineering discipline and three years of relevant experience or combination of education and relevant experience. Knowledge, Skills and Abilities : Strong interpersonal, oral, written and presentation skills. Ability to influence and negotiate with internal constituencies and external business partners. Ability to take ownership and leadership of projects from inception to completion, including developing strategy, implementation and execution of tasks. Ability to routinely and independently exercise sound judgment and decision making. Working knowledge of contract and patent laws, understanding of University policies, industry and regulatory requirements. Strong organizational skills and the ability to prioritize a variety of tasks and demands. Strong computer skills, including Microsoft Office Suite and ability to learn applicable business related systems. Certificates and Licenses Required Certified Licensing Professional (CLP) desired.