Gazelles: Ågfirms with revenue of at least $100,000 (initial year) and sustained 20% revenue growth over 4 consecutive yearsÅh (Birch)
These contribute approximately 1 out of every 7 gross new jobs added to the economy each year
70% of gazelles are comprised of firms with fewer than 20 employees at the end of four years of rapid growth
New economic theories suggest that the prevalence of small firms provide a constant tide of new ideas and experimentation
This is vital to the health of the economy as a whole
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