Research Western, under the leadership of the Vice-President (Research), is responsible for ensuring that Western has vibrant and growing interaction with various sources of research funding and that the faculties have increasing funding for their research programs. It is also responsible to ensure a healthy flow of technology resulting from Western research to the commercial world thereby creating jobs, increasing economic development and the general betterment of society.
Within this mission, WORLDiscoveries® is the Business Development arm of Western University, Robarts Research Institute and Lawson Health Research Institute. The business unit serves as the exclusive advocate and agent for promising commercial and technology transfer opportunities derived from London’s extensive research portfolio.
The Business Development Manager leads, develops and implements strategies to enhance commercialization of intellectual property created by Western faculty, postdoctoral fellows, students and staff and provides support in matters related to industrial interactions and intellectual property management under the area of Life Sciences. The incumbent will establish relationships in order 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.
The Business Development Manager will research and evaluate innovation disclosures, develop and manage patent processes, determine commercial potential for innovations, make decisions on technology investments, and develop and execute related marketing plans. The incumbent will negotiate terms and conditions of licenses, research and development agreements, and material transfer and confidentiality agreements. The Business Development Manager will identify opportunities for prototype development funding, assist with spin-off company creation, including business plan preparation, market research, developing research and development plans with inventors, and strategic planning.