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Are Entrepreneurs Born Or Are They Made?
When Bill Gates’s children become adults, they’ll probably launch their own businesses.
And not just because of their father’s example. Entrepreneurial tendencies — including the ability to recognize business opportunities — are heavily influenced by genetic factors, according to a study co-directed by Scott Shane, a professor of entrepreneurial studies at Case Western Reserve University.
Shane and his fellow researchers compared the entrepreneurial activity of 870 pairs of identical twins — who share 100% of their genes — and 857 pairs of same-sex fraternal twins — who share 50% — to see how much of entrepreneurial behavior is genetic and how much is environmental.
The mathematics behind quantitative genetic modeling are rather complicated, but the upshot was fairly straightforward: Entrepreneurs, the researchers concluded, are about 40% born and 60% made. Ten to 15 years from now, genetically advantaged entrepreneurs might be identified through DNA testing or psychological surveys, Shane says.
Photo by Neubie
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