If the patent holder is not manufacturing a product but is threatening to sue others based on the patent, it's trolling.
IV manufactures nothing. However, through shell corporations, they threaten to sue others. This motivates their targets to participate in the IV pools and IV takes a cut.
This idea of threatening enforcement where the patent holder has no intent to ever manufacture is not something new. But no one ever liked it when it happened. That's because it serves no apparent purpose in bringing products to the market.
What makes IV unique is that Myrvold used his own money to start IV and start acquiring patents from patent holders in bulk. This was no small investment. His idea is to make trolling a business. Instead of trying to fix a problem, he has opted to exacerbate it for his own profit. He is engaging in exactly the type of conduct companies like the one he worked for had to be in constant fear of: the small inventor who will never be successful in the marketplace but who has received some patents that she can, at her discretion, enforce against some large companies that are successful in the marketplace.
For an interesting approach to how patents might be used, consult the history of Hans Bessemer. He produced some of the most valuable intellectual property in America's history. He made Carnegie the world's wealthiest individual.
Also, note that Paul Allen, one of the wealthiest men on the planet, tried some pure patent trolling a number of years ago. Why? He failed miserably. But what drives someone to try this?
It's not the patent that reveals trolling. Rather, what indicates trolling are the actions of the person running the company that controls the patent.
Perhaps I am misunderstanding your question.
The fact that the general practice is to make claims as broad (and therefore vague) as possible doesn't leave me with good feelings about the system. Neither does the weird legalese that the patents consist of.
Example: I patent the way of moving my leg in front of my other leg when that other leg is my only limb supporting my weight in order to repeat this process to make a displacement of my body mass (AKA walking)
Or do you expect executives to regularly review potential patent applications to avoid those that are potentially "too good" for the business?
This seems to indicate that patents are written in a way guided by their adversarial purposes. This is broken.