The document discusses how open data can catalyze open innovation in the Caribbean region. It outlines the promises of open data, such as improved transparency and enabling new business models, but notes some realities like a lack of transparency in some cases and ignorance of open data's benefits. The document advocates for an open innovation ecosystem with various stakeholders and emphasizes that leadership, awareness, access, and policy are needed. Barriers to open data innovation like a lack of familiarity and evidence of benefits are identified but solutions are presented. Collaboration, leadership by example, engaging innovators and entrepreneurs, and celebrating successes are recommended to advance open data innovation.