Licensing Associate, Physical Sciences

4 weeks ago

West Lafayette, United States Purdue Research Foundation Full time
Licensing Associate, Physical Sciences

Department: Office of Technology Commercialization

Employment Type: Full Time

Location: Purdue Research Foundation

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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