Patent trolls appropriate profits from innovation solely by enforcing patents against infringers.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. Inthis paper,...

Patent trolls appropriate profits from innovation solely by enforcing patents against infringers. 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. In this...