RTTP Core Competencies

Detailed Description of Core Competencies, Skills, and Experience

These core competencies have been developed in collaboration with existing national frameworks in several key countries.

Strategy & Business Insight – strategic thinking; market-led, entrepreneurial approach; business and commercial skills

Relevant skills/ experiences may include:

  • Identifying/ sourcing opportunities/ initiatives.
  • Translating market knowledge into commercial opportunities.
  • Assessing risks, undertaking due diligence.
  • Formulating the vision, setting direction and securing buy-in.
  • Developing the strategy and design of projects/ initiatives.
  • Defining the market and business strategy and/ or the marketing cycle.
  • Matching skills, experience, capacity and resources to opportunities.

Entrepreneurial Leadership – active engagement in securing funding; leading negotiations; developing new ventures

Relevant skills/ experiences may include:

  • Aligning funding opportunities with strategic aims and priorities.
  • Identifying and securing new funding to support KE/TT projects and/ or initiatives.
  • Leading, structuring and realising complex negotiation, reconciling different perspectives to achieve resolution e.g. conflicts with lawyers, accountants.
  • Overcoming institutional issues or partner barriers through flexible, creative solution finding.
  • Supporting new business formation, structures, legal frameworks, shareholder agreements and accessing investment funding.
  • Developing and managing community-based or charitable projects.
  • Nurturing new ventures/ projects until financial independence.

Effective Engagement – Communication, collaboration and influencing skills

Relevant skills/ experiences may include:

  • Building new networks for University/ business collaboration.
  • Researching and creative planning to identify potential partners.
  • Applying the marketing mix to relevant markets/ segments.
  • Finding partners, investors and collaborators.
  • Informing and persuading potential partners.
  • Managing effective relationships with stakeholders with different cultures or
    backgrounds e.g. contracts, milestones, deliverables, managing disputes, resolving problems.

Legal and technical knowhow – understanding the key legal, technical and domain-related issues required to effectively transfer knowledge

Relevant skills/ experiences may include:

  • Assessing the attributes and commercial potential of IP.
  • Developing an IP exploitation strategy to meet commercial needs.
  • Applying different licensing and business models.
  • Protecting, packaging and enforcing any IP needed for the project.
  • Drafting, negotiating reviewing relevant IP licenses and agreements.
  • Understanding and demonstrating expertise in commercial law and finance frameworks.
  • Interpreting, advising on and managing risk.
  • Complying with relevant external terms and regulations including national/ international legislation and jurisdictions.

Governance and Project Management – managing projects, knowledge and information flow; developing and managing systems and processes for knowledge exchange

Relevant skills/ experiences may include:

  • Establishing governance frameworks for multi-stakeholder projects.
  • Developing, setting up and managing complex projects e.g. contracts, budgets, milestones, deliverables, decisions, handling information, and reporting on outcomes and successes.
  • Developing, setting up and managing customer experience/ delivering or facilitating outputs.
  • Developing, setting up and managing systems (including ICT systems) to handle knowledge from its creation or capture through to the completion of the objectives and ensuring that information flows efficiently to achieve KE/KT/TT objectives.