Licensing and Business Development Officer

MIT • Cambridge, MA

1d • Hybrid

About The Position

The Licensing and Business Development Officer, within the Technology Licensing Office (TLO), is responsible for the commercialization of MIT’s intellectual property (IP) portfolio arising from research and other activities on MIT’s campus. The Licensing Officer manages an assigned portfolio of cases, including technology evaluation, marketing, outreach to faculty and industry, business deal term creation, and distribution of IP rights through license agreements and other IP dissemination mechanisms. This role involves close collaboration and coordination with other TLO staff throughout the lifecycle of the technology, including Transactions, IP Portfolio Managers, Compliance, Operations, and Finance teams.

Requirements

• Minimum of Bachelor’s degree in a scientific, technical, or business field.
• Minimum of five years’ licensing experience in university technology transfer or federal laboratory or FFRDC.
• Experience in management of an IP portfolio including licensing, agreement management, developing IP strategies, and marketing and commercialization plans.
• Evidence of business relationships within the specific sector of relevance to the role.
• Experience in establishing license deal terms and negotiating license agreements.
• Superior verbal and written communications skills.
• Ability to interact capably with a variety of stakeholders.
• Strong organizational skills, attention to detail and ability to manage multiple projects simultaneously.
• Excellent problem-solving, judgment, and decision-making skills.
• Strong interpersonal skills that reflect courtesy, diplomacy, and a collaborative approach to develop and maintain effective working relationships.
• Proven ability to grasp licensing, legal and business issues as relates to University technology licensing.
• Ability to work independently and as a member of a team.
• Ability to exercise good judgment, prioritization, and discretion in the performance of all work assignments.
• Ability to work in a fast-paced, deadline-oriented, matrix-like environment and manage a large workload.
• U.S. citizenship or legal permanent resident status.

Nice To Haves

• Advanced degree such as a Masters, PhD. and/or MBA.
• Demonstrated maturity and sensitivity to the needs of multiple stakeholders in a complex academic environment.
• Knowledge of intellectual property.
• High level of business acumen.
• Detailed understanding of issues arising at the intersection of US Government and academia.
• Experience within a university, not-for-profit research institution, hospital, or tech transfer setting.

Responsibilities

• Manage an assigned portfolio of cases.
• Conduct technology evaluations.
• Perform marketing and outreach to faculty and industry.
• Create business deal terms.
• Distribute IP rights through license agreements and other IP dissemination mechanisms.
• Collaborate and coordinate with other TLO staff throughout the technology lifecycle.
• Develop IP strategies.
• Develop marketing and commercialization plans.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior