Open-source software plays a crucial role in technology innovation by encouraging collaboration and knowledge sharing among developers. By allowing anyone to access, modify, and distribute the source code, open-source projects foster an ecosystem of creativity and experimentation. This collaborative approach enhances problem-solving and accelerates the development of new technologies, as individuals and organizations can build upon existing work rather than starting from scratch. The open-source model also promotes transparency, encouraging the identification of bugs and vulnerabilities, which ultimately leads to more secure and reliable software. Overall, open-source contributes significantly to a more dynamic and inclusive innovation landscape.