This article examines the role of Gazelles—high-growth firms—in job creation. It reviews empirical evidence showing that Gazelles, which are not necessarily small or young, are major contributors to net employment growth. Gazelles create a large share of new jobs, and while they are generally younger and smaller than other firms, it is young age rather than small size that is most associated with rapid growth. Gazelles are found in all industries, though they are not overrepresented in high-technology sectors, but may be overrepresented in services. The study finds that Gazelles are important job creators, and that their contribution is more pronounced in periods of economic downturn. While some studies suggest that Gazelles are younger and smaller, others indicate that they can be of all sizes, with larger firms also contributing significantly to job creation. The study also finds that Gazelles are not overrepresented in high-technology industries. Overall, the evidence suggests that a small number of high-growth firms are particularly important for net job creation, and that these firms are often young and small. The study concludes that further research is needed to better understand the factors that contribute to the growth of Gazelles and their role in job creation.This article examines the role of Gazelles—high-growth firms—in job creation. It reviews empirical evidence showing that Gazelles, which are not necessarily small or young, are major contributors to net employment growth. Gazelles create a large share of new jobs, and while they are generally younger and smaller than other firms, it is young age rather than small size that is most associated with rapid growth. Gazelles are found in all industries, though they are not overrepresented in high-technology sectors, but may be overrepresented in services. The study finds that Gazelles are important job creators, and that their contribution is more pronounced in periods of economic downturn. While some studies suggest that Gazelles are younger and smaller, others indicate that they can be of all sizes, with larger firms also contributing significantly to job creation. The study also finds that Gazelles are not overrepresented in high-technology industries. Overall, the evidence suggests that a small number of high-growth firms are particularly important for net job creation, and that these firms are often young and small. The study concludes that further research is needed to better understand the factors that contribute to the growth of Gazelles and their role in job creation.