This chapter explores wether the patent troll business model, which focuses on capturing value created by others, is sustainable under envisioned legal changes so that it poses a new managerial challenge to value creating firms. Patent trolls capture value created by others solely by enforcing patents against infringers and thus represent a new competitor to value creating firms in capturing value created. They are often characterized as relying on low-quality patents, an assessment that, if correct, would imply that eradicating such patents would effectively terminate the troll business.
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