In this context, encouraging the adoption of new technologies is essential. Given that about a quarter of productivity growth is driven by innovations from new firms, gazelles play an essential role, particularly in the high-tech sector. 16  15 D. Andrews, C. Criscuolo and P.N.
Gal, “The Best versus the Rest: The Global Productivity  Slowdown, Divergence across Firms and the Role of Public Policy,” OECD Productivity Working Papers 5, OECD Publishing, 2016. 16 See, for example, D. Garcia-Macia, C. Hsieh and P. Klenow, “How Destructive Is Innovation?” National Bureau of Economic Research Working Paper No.