An open data policy can significantly impact innovation in technology by promoting transparency, collaboration, and accessibility. When data is readily available, it empowers developers, researchers, and entrepreneurs to create new applications and solutions. This democratization of information fuels advancements across various sectors, fostering a culture of collaboration and rapid iteration. However, the ethical management of open data is crucial, as it must protect individual privacy while still encouraging innovative uses. Overall, an open data approach can drive significant technological progress and economic growth.