The research focuses on exploring the theoretical foundations and historical development of open knowledge in higher education. The primary objective is to analyze the impact of open knowledge on knowledge management, intellectual capital, and overall performance in academic institutions. By synthesizing insights from various studies, the findings highlight open knowledge as a pivotal and contemporary trend in higher education. The research underscores the crucial role of technology, emphasizes the financial implications, and examines the intricate relationships between knowledge transfer, intellectual capital, and innovation. In conclusion, the study contributes to a comprehensive understanding of how open knowledge influences diverse aspects of higher education, providing valuable insights for future developments in this dynamic field.