https://www.youtube-nocookie.com/embed/GZgLJkj6m0A
See also:
Intellectual Property and Economic Development
Further reading:
Patent Nonsense by Sheldon Richman
A Libertarian Critique of Intellectual Property by Butler Shaffer
The Case Against Intellectual Property by Stephan Kinsella
Against Intellectual Property by Stephan Kinsella
Legal Foundations of a Free Society by Stephan Kinsella (Chapters 14–18)
Are Patents and Copyrights Morally Justified? The Philosophy of Property Rights and Ideal Objects by Tom G. Palmer
Intellectual Property: A Non-Posnerian Law and Economics Approach by Tom G. Palmer