Tech policy is significant in shaping innovation because it establishes the regulatory framework within which technologies develop and operate. Effective tech policies can foster creativity and promote competition by ensuring fair access to markets and resources. They also address essential issues such as data privacy, cybersecurity, and intellectual property rights, which can either encourage or hinder technological advancements. Policymakers must balance fostering innovation while protecting public interests. As rapid advancements in technology emerge, responsive and adaptive tech policies are vital to harnessing the benefits of innovation while addressing the ethical, economic, and social implications of new technologies.