Licensing Associate, Physical Sciences

4 weeks ago


West Lafayette, United States Purdue Research Foundation Full time

Job Description

Job Description Description

Essential Functions

Work as part of a multidisciplinary team to evaluate the commercial potential of new inventions. Perform market research, technology valuations and provide the Business Development Manager with a summary of the commercial landscape. Create marketing materials which will be used to identify potential licensees, and initiate outreach to engage with companies and/or collaborators. Work closely with the business development managers to develop strategies for the commercialization of Purdue technologies. Communicate with Business Development Managers and patent attorneys on invention disclosures, licensing activities, and IP matters. Assist Business Development Managers with the initiation and execution of licensing agreements from the assigned IP portfolio. Draft contract amendments and monitor contract compliance and other aspects of relationships with licensees and collaborators.

Additional Responsibilities

Monitor and account for budget expenditures associated with all assigned duties. Participate in educational development opportunities to gain an in-depth understanding of the technology licensing field. Other duties as assigned.

Skills, Knowledge and Expertise

Knowledge of technology transfer within industry and/or academia preferred. Ability to gather information, perform research utilizing databases and other online sources and distill into actionable information. Specific technical knowledge of mechanical or electrical engineering would be ideal. Must be able to evaluate the market potential of early-stage inventions in physical sciences. Basic understanding or willingness to learn contract documents and intellectual property strategy. Excellent teamwork organizational, analytical skills, problem-solving, computer, written/verbal communication skills required. Ability to juggle multiple tasks and complete projects on a timely basis working both independently as well as in a team environment. Familiarity with CRM software such as Salesforce and process optimization tools such as Microsoft Power Automate is a plus. Must be comfortable interacting with people from varied disciplines at various leadership levels in an organization and with managing multiple complex projects. Must be curious and deeply value exposure to and learning about new technology, concepts, people and organizations. Occasional travel required. This is

not

a remote-only position. Although, PRF has flexible work policy, applicants are expected to work on-site when required.

Education/Experience

Minimum of a Bachelor’s degree in a physical science; an advanced degree in business a plus. Related industry experience highly desirable.

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