"Open collaboration" in innovation refers to the process of leveraging external ideas, resources, and expertise in developing new products or solutions. This approach encourages organizations to share challenges and invite input from a diverse range of stakeholders, including customers, suppliers, and even competitors. By fostering a culture of transparency and trust, open collaboration can lead to innovative breakthroughs and accelerate the development process. Examples of this include crowdsourcing initiatives, hackathons, and collaborative platforms where different parties contribute knowledge and resources to solve complex problems together.