Without IP there's no incentive to invest in certain things. Particularly drugs. The more R&D involved the riskier it is to make something. It cost $1 Billio

Without IP there's no incentive to invest in certain things. Particularly drugs. The more R&D involved the riskier it is to make something. It cost $1 Billion to make a new drug, there's no way anyone invests that kind of money without IP protections. On the creative side, we allow companies to protect their creations like characters, films etc..