Overview
Term: 2 years
There is an ever increasing focus and emphasis from both federal and provincial governments to enhance the overall capacity of Canadian universities to transfer the significant investment in the creation of research outputs to the broader societal and economic benefit of Canada. Thus it is imperative that Waterloo expand and bolster it's capacity to drive intellectual property (IP) protection and commercialization metrics in this new environment. Further, building such capacity supports Waterloo's signature commitment to "Be a global powerhouse for commercializing research, developing new enterprises and supporting business growth".
The Waterloo Commercialization Office (WatCo) provides IP management and commercialization (ie. licensing\startup formation) services, primarily to the research community on campus. Traditionally, WatCo has provided these services across all Faculties, with a focus on the Engineering faculty that represents the largest source of project deal flow. In order to deepen WatCo's source of impactful projects and to expand it's capacity to meet the aforesaid CMA expectations, there is a need to develop a more targeted capacity to support the Science faculty - which represents another high potential source of IP and commercialization opportunities.
The Science faculty presently has numerous research partnerships and internal commercialization initiatives that serve as a solid foundation from which IP and commercialization success can be derived. Examples of such initiatives include the Hong Kong based , the newly established , participative support in the , and sponsorship of the student focused infrastructure and entrepreneurship programming. These and other Science initiatives represent fertile grounds from which further IP generation and commercialization activity can be supported.
In order to respond to the need to enhance Waterloo's technology transfer capacity, there is a current requirement to create a WatCo role to assist the Science faculty, and by extension the institution, to drive increased IP opportunities and commercialization results from the various aforesaid Science strategic initiatives
Responsibilities
Intellectual Property Assessment
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