Anti-bullying law is seriously needed. Awarding the bullied who triumphs 10 - 100x their legal fee that attracts interest every day the bully refuses to pay by going to a higher court.
We do not want people to keep secret their World changing ideas but instead release them for the betterment of society.
7 years as sole seller of your own creations, and leave to apply for 7 more years - IIRC - were the terms under Queen Anne's Statute protecting creative works (approximating copyright). Then works are freely available to all, and deposit requirements meant preservation and access was afforded.
The alternative is that corporate entities get all the money and creators get all the costs and the pubic domain gets nothing.
There's a lot wrong IMO with Western IP laws (I don't know about others) but the concept of them is not wrong.
There's specifically no protection for information in patent and copyright laws (database rights, eh, maybe ...).