Generate text that refutes this claim: Patent rights allow firms to more readily release their products and methods into the public domain, particularly through licensing  Without patent protection, innovative and enterprising firms lacking the capacity to market successfully or efficiently produce new drugs might develop new drugs and never release them, since it would simply result in others profiting from their efforts. After all, no one likes to see others profit by their hard work, and leaving them nothing; such is tantamount to slavery. Patent protection encourages the release of new ideas and products to the public, which serves to benefit society generally1. The main mechanism for this is the system of licensing, by which firs can retain their right of ownership over a drug while essentially renting the ability to produce it to firms with productive capacities that would better capitalize on the new product. Furthermore, the disclosure of ideas to the public allows firms to try to make the product better by "inventing around" the initial design, or by exploiting it once the term of the patent expires2. If the drug formula never enters the public, it might never do so, leaving society bereft of a potentially valuable asset.  1 Rockwell, Llewellyn. 2011. "The Google Pharm Case". Mises Daily. Available: 2 Business Line. 2007. "Patents Grant Freedom to Invent Around". Hindu Business Line. Available:
disease health general house would allow production generic drugs
If firms are afraid their formulae will be stolen, then they should keep them hidden. Otherwise, they should seek to make their new drug public, benefiting everyone so that the most people possible can have access to them. The release of ideas is most bountiful when there is active and constant competition to produce newer and better products and ideas. This is only possible in the absence of constricting patent protections. Furthermore, firms' attempts to "invent around" patents do not actually benefit anyone, as their aim is often not to improve upon existing models, but to design products that are as close to replicas as possible without violating law. This is a gross misallocation of resources created by the unjust patents regime.