"Technology Licensing Associate 2"

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, manage a portfolio of Stanford inventions
• Evaluate and analyze new invention disclosures, including initial review and meeting with inventor(s)
• Develop licensing strategy by identifying potential commercial applications of assigned inventions
• Market assigned inventions to Identify potential licensees
• Negotiate business terms, licenses and related agreements and close 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
• Collaborate with Stanford researchers, other OTL team members and other Stanford departments, as needed

MINIMUM REQUIREMENTS

Education & Experience:

Bachelor's degree in a life sciences discipline and five years of relevant experience or combination of education and relevant experience.

Preferred requirements:

Ph.D. degree preferred.

Knowledge, Skills and Abilities:

• Excellent interpersonal, oral, written and presentation skills.
• Demonstrated customer relationship skills, and the ability to influence and negotiate with internal constituencies and external business partners.
• 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.

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.

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 $152,446 to $177,636 per annum.

Stanford University provides pay ranges representing its good faith estimate of the salary or hourly wage the university reasonably expects to pay for a position upon hire. The pay offered to a selected candidate will be determined based on a wide range of factors that are unique to each candidate including but not limited to geographic location, knowledge, skills and abilities, relevant education, depth and breadth of experience, performance; as well as other business and organization needs such as (but not limited to) the scope and responsibilities of the position, the minimum qualifications, departmental budget availability, and market and internal equity across the unit, department and reporting relationships.

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.

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.