Like the creatures grazing the open grasslands of Africa, firms known as ‘gazelles’ are not just fast (in this case, fast growing), but hard to hunt down. that’s partly because they are rare. "relatively early estimates suggested they make up just 4% of firms
and if anything, these estimates seem to have overshot the mark. birch’s work brought this small cluster of fast growing firms into prominence, because he claimed that these relatively small and young firms captured the lion’s share of net jobs growth in the economy. Generally, gazelles are defined b! their percentage of sustained growth, either in turnover or employment, but some definitions guarantee the gazelle minority status,