The Business Development Manager will lead, develop and implement strategies to enhance the commercialization of intellectual property created by Western and its partners, including faculty, postdoctoral fellows, students and staff, as well as provide support in matters related to industrial interactions and intellectual property management under the area of Life Sciences. The role will establish relationships to solicit new innovations for WORLDiscoveries, seek out commercialization opportunities and maintain relationships with industry, partners and other stakeholders in order to reinforce and advance the reputation of Western and WORLDiscoveries locally, nationally and internationally.
In addition, the Business Development Manager will research and evaluate innovation disclosures, develop and manage patent processes, determine the commercial potential for innovations, make decisions on technology investments, and develop and execute related marketing plans. The role will negotiate terms and conditions of licenses, research and development agreements, and material transfer and confidentiality agreements. The Business Development Manager will also identify opportunities for prototype development funding and assist with spin-off company creation, including business plan preparation, market research, developing research and development plans with inventors, and strategic planning.Read more