“…While top management teams strive to identify the importance of patent litigation (Siedel, 2002;Somaya, 2003), how to manage the legal aspects of business becomes one of the most critical capabilities to achieving a successful corporate strategy (Shanley & Peteraf, 2004). The existing literature on patent litigation focuses on the legitimizing aspects of intellectual property law (Bagley & Clarkson, 2003;O'Connor, 2014;Suchman, 1995), the political aspects of intellectual property law (Hillman & Hitt, 1999), as well as other "non-market strategies" that firms pursue to help in shaping the external regulatory environment within which they do business (Pathak, Xavier-Oliveira, & Laplume, 2013;Siedel, 2002;Somaya & McDaniel, 2012). However, scholars devote little attention to the importance of managing the legal dimensions of businesses (Ring, Bigley, D'Aunno, & Khanna, 2005).…”