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[CENTER FOR TECHNOLOGY COMMERCIALIZATION]
DEPARTMENT: Strategy and Transformation Office
SUPERVISOR'S TITLE: Chief Innovation Officer
TITLES SUPERVISED: Analyst for Technology, Director of Acceleration, Business Development Manager, Director of Portfolio Management, and Project Manager
TOTAL NUMBER OF FTE's DIRECTLY OR INDIRECTLY SUPERVISED: 15-25
PURPOSE OF POSITION: Oversee all CCHMC-generated intellectual property and technologies and lead the innovation effort, developing the technology as well as finding commercialization opportunities within the portfolio for innovation and technology products. Establish best practices and ensure the effective implementation across all aspects of licensing including invention assessment, intellectual property protection strategies, market analysis and commercialization strategy, negotiating and structuring licenses, option and other related agreements, and post-license surveillance. Manage the portfolio of intellectual property working closely with the inventors and Legal staff to achieve the appropriate level of claim protection. Manage the pipeline of technologies from invention disclosure to license expiration and manage all aspects of reporting. Align programs to CCHMC's strategic plan and support the achievement of goals. Plan, direct, implement and improve services and technical and administrative operations of the Innovation Ventures organization.

Strategically and operationally steer CCHMC's technology commercialization efforts, with a focus on venture development. This position will be responsible for continually looking for alternative exit or translation pathways including, but not limited to, creating new companies and/or service businesses. This role may also help coordinate efforts to evaluate outside technologies that may be co-developed by CCHMC. This role may also be involved in the development of an innovation studio that can help develop solutions to ideas or problems.

Representative Responsibilities

· Technology Transfer and Commercialization Management - Provide the strategic direction, operational guidance and leadership to CCHMC's evolving technology commercialization and investment activities. a. Oversee all activity relating to technology transfer whether through transfer or commercialization. Manage and improve processes related to invention assessment, patent and market analysis, patent filing and prosecution and agreement negotiation, execution and maintenance. Develop strategies to commercialize CCHMC technologies, including options, licenses, sponsored research, and start-up companies based on CCHMC technologies.

· Relationship Management - Foster an entrepreneurial culture among faculty and investigators, guiding them to balance research potential with commercial opportunities. Engage and assist faculty in determining the appropriate balance of research that has the potential for commercialization versus traditional extramural funding. Work with Faculty and investigators to identify innovations, commercial opportunities and funding possibilities, and establish formal working relationships with industry and other partners in commercialization space. Establish internal and external advisory groups as needed. Develop relationships with industry, venture capital firms and individuals, technology assistance organizations, the State of Ohio's Third Frontier and other external bodies as needed. Manage relationships with start-up companies based upon CCHMC technologies.

· Operational and Patent Portfolio Management - Develop and maintain policies, processes and procedures regarding all aspects of technology transfer, including patent portfolio management. Develop training related to technology transfer to benefit investigators and other interested parties. Direct the daily activities of Innovation Ventures, through individual actions and through delegation of responsibilities. Responsible for annual operating and capital budgets and responsible for effective and efficient management of patent counsel and patent filing and maintenance fees and expenses.

· Staff Management - Build a team culture that values creativity, entrepreneurial thinking, and challenges conventional innovation paths. Proactively manage the selection, development, motivation, evaluation and discipline of Innovation Ventures personnel. Share knowledge and/or provide support for team members. Contribute to and promote a positive and professional work environment/atmosphere. Make job requirements and goals for each position clear to employees and provide sufficient training to achieve the desired level of competency. Coach and provide annual performance evaluations.

EDUCATION/EXPERIENCE