Technology Transfer Officer
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Innovus, the Stellenbosch University’s (SU) interaction and innovation division, is responsible for technology transfer, innovation, entrepreneurial support & development.
Innovus manages the commercialisation of the University’s innovation and intellectual property portfolio through patenting, licensing, and the formation of spin-out companies. It also houses the University’s Short Courses and Copyright Division as well as SunCom, the division that commercialises SU’s assets.
The successful applicant will work in close collaboration with other members of the Innovus technology transfer team and report to the Director: Technology Transfer.
Prime responsibilities include:
- Networking within the SU academic and research community to create awareness regarding intellectual property, commercial opportunities and to stimulate an entrepreneurial and innovative culture.
- Evaluation of the commercial potential of intellectual property and development of strategies to action research projects to commercial maturity.
- Marketing of university IP and technology to possible investors/partners to participate in the further development thereof.
- Negotiating and closing of commercial deals
- Project management of a large number of diverse projects to maturity and potentially sustainable business entities.
- A postgraduate scientific degree or equivalent qualification (preferably in Life Sciences or Medicine and Health Science, or Chemical Engineering)
- Good knowledge of Intellectual Property right protection options
- Practical knowledge of commercialisation and investment networks
- Experience of working within a scientific environment
- Project management experience
- Good knowledge of technology transfer systems / processes preferably in a university environment
- Working knowledge of the Intellectual Property Rights for Publicly funded research Act 2008 of 2010
- Proven deal closing experience
- Proven business acumen
- Good organisational and IT skills
- Good communication and numeracy skills
- Willingness to travel locally and internationally
- Valid driver’s licence and own transport
(See below for more information)
Innovus and Commercialisation: Technology Transfer Officer
Innovus is the university industry interaction and innovation division of Stellenbosch University (SU). Innovus is responsible for technology transfer, entrepreneurial support and development, and innovation at the University. We manage the commercialisation of the University’s innovation and intellectual property portfolio through patenting, licensing, and the formation of spin-out companies. Innovus also houses the University’s Short Courses and Copyright Division. SunCom, the division that commercialises SU’s assets, is also a part of Innovus.
Networking and Marketing
- Establishing and maintaining productive relationships with SU’s academic and research community to stimulate awareness of intellectual property issues and commercial opportunities, and to encourage an innovative and entrepreneurial culture within SU;
- Engaging directly and proactively with academic departments to identify SU’s intellectual property with potential for protection and commercial exploitation;
- Setting up meetings and arranging events to market Innovus and SU technologies on and off campus;
- Actively providing information to update Innovus social media and website information with news, events information, etc.;
- Establishing and maintaining relationships with the industry;
- Appropriately marketing SU’s intellectual property to identify and engage commercial exploitation partners / investors;
- Reporting to the Director Technology Transfer and working in close collaboration with the other technology transfer team members.
Evaluation and protection
- Evaluating invention disclosures and carrying out the due diligence process for protection and identifying the feasibility of the technology/project of commercialisation;
- Grasping technical concepts quickly, and translating these into commercially viable proposals;
- Managing a large and growing portfolio of projects to a successful commercial conclusion;
- Assessing the commercial potential of SU’s intellectual property based on uniqueness and market potential;
- Advising academics on, and executing the best mode of protection for SU’s intellectual property;
- Identifying appropriate routes to exploitation;
- Analysing business opportunities;
- In collaboration with external patent attorneys and the Director: Technology Transfer, providing input into patent prosecution and patentability as this may influence the commercialisation strategy;
- Timely application and identification of appropriate agreements to facilitate protection and exploitation of IP;
- Preparing and recommending optimal deal structuring of potential spin-out companies and/or license potential.
- Identifying potential industry partners for specific technology commercialisation opportunities;
- Constant and very proactive liaising with the industry in order to facilitate technology transactions;
- Engaging in technology licensing and new venture formation processes; in particular structuring, negotiating and closing deals;
- Working effectively with key stakeholders, assertively influencing them and, where appropriate, showing tenacity and persistence in business development situations;
- Monitoring commercial relationships and related agreements.
Communication and other duties
- Communicating regularly and effectively with other members of Innovus, including regular meetings with the Director: Technology Transfer, to ensure effective management of SU’s intellectual property;
- Carrying out such other duties relevant to the incumbent’s experience as requested by the Director: Technology Transfer;
- IP sensitisation training on Campus;
- Communicating and collaborating with Division for Research Development as required.
Working Environment (knowledge of special working practices, breadth of management skill required, customer impact, responsibility, efficiency)
- Analysing intellectual property (IP) to identify the best mode of protection;
- Making recommendations for the protection of IP to the Director: Technology Transfer and to
appropriate academic staff;
- Making recommendations for the exploitation of SU’s IP to the Director: Technology Transfer, and leading the implementation of these recommendations once agreed upon;
- Identifying and engaging suitable commercial exploitation partners and investors;
- Engaging in the structuring, negotiation and closing of licensing deals and new venture formation;
- Liaising with colleagues in the Technology Transfer Team and within Innovus and SU to contribute to the development of good practice in technology transfer.
Freedom to Act & Decision Making (depth of control, supervision received, use of judgement & initiative, analytical ability)
- Contributing to the delivery of a range of outputs, including technology disclosures, protection of SU intellectual property, licence and investment deals and new venture formation.
Communication & Networking (liaising with others, type and level of communications)
- Daily communication and networking with Innovus technology transfer staff;
- Daily communication and networking with other Innovus staff, academic staff and students;
- Routinely communicating and networking with members of various public and private sector organisations;.
- Routinely communicating and networking with existing and potential investors and commercial partners;
- Regularly communicating and networking with the Division for Research Development.
- A postgraduate scientific degree or equivalent qualification (preferably in Life Sciences or Medicine and Health Science, or Chemical Engineering);
- Proven success in completing a transaction from start to finish;
- Good knowledge of Intellectual Property protection forms and legal protection thereof;
- Practical knowledge of commercialisation and investment networks;
- Proven business acumen;
- Good organisational skills;
- Good IT skills, including word processing, spreadsheets (Excel), e-mail;
- Good communication and numeracy skills;
- Good public speaker;
- Good time management skills and the ability to multitask;
- Excellent interpersonal and influencing skills;
- Proactive self-starter;
- The ability to support others as part of a team;
- Flexible and cooperative;
- High energy level,
- Willingness to travel locally and internationally, if required;
- Valid driver’s licence and own transport.
- Qualification in Business Management;
- Proven experience in a technology transfer office at a university;
- Project management experience;
- Experience of working within a scientific environment;
- Negotiation experience throughout full value chain;
- Good understanding of the Intellectual Property Rights of Publicly Funded Research and Development Act (51 of 2008) and its Regulations as well as SU’s Intellectual Property Policy;
- Good knowledge of technology transfer systems / process
To apply for this job please visit www.dittojobs.com.