The significance of a tech startup in the innovation ecosystem lies in its ability to drive economic growth and technological advancement. Startups often focus on developing disruptive technologies and innovative solutions to address market gaps or emerging challenges. By fostering a culture of creativity and risk-taking, tech startups contribute to job creation, attract investment, and promote competitiveness in various industries. Furthermore, they play a crucial role in pushing established companies to adapt and innovate, ensuring a dynamic and evolving market landscape that benefits consumers and society as a whole.