Get rid of IP totally
IP is a tool that is only useful if you have massive resources to design your IP and defend it. Thus it is a tool for major corporates to beat up everyone else. Most individual inventors would be better served by having a level playing-field. I.e. No IP. So they can innovate on the knowledge of others without.
The value of knowledge to society is maximised by it being shared. Restricting it merely cheats society in favour of a few.
The Internet and Open source are examples of how powerful knowledge sharing is relative to closed networks and closed tech eco-systems.