No, the "intellectual property" term is absurd, not clean and simple. You cannot own a piece of data like you'd own a physical object. I'll pass the mike to RMS here.

http://www.gnu.org/philosophy/not-ipr.en.html

Also you call developing a vaccine to cure Polio an exploitation? As far as I can tell from cursory reading of that article, this "exploitation" was hugely beneficial to society.