Open innovation is a model that promotes the use of external ideas and collaboration, alongside internal efforts, to accelerate the advancement of technology and the creation of new products. This approach breaks away from the traditional practices of innovation, which typically rely solely on internal resources. By integrating external knowledge, such as partnerships with universities, startups, or even engagement with users and customers, organizations can enhance their innovation capabilities more effectively. This strategy is particularly significant in sectors such as technology and pharmaceuticals where the complexity of innovation can create barriers. Open innovation encourages knowledge sharing and utilizes platforms like crowdsourcing and open-source projects.