This is simply not true. IP is a vital and important part of business that protects entrepreneurs the most. Sure there is a huge raft of reforms that need to be untaken and software patents have questionable utility but we shouldn't throw the baby out with the bathwater.
I still look back to the Dyson lawsuit with Hoover as example of why we need patents and IP protection:
It's significance stems mainly from its ability to enable those who are intellectually unable to create anything of value to at least own the fruits of the productive classes labor
I still look back to the Dyson lawsuit with Hoover as example of why we need patents and IP protection:
http://www.telegraph.co.uk/news/uknews/1368860/Dyson-cleans-...