You might want to have your DNA tested before enrolling in that expensive graduate program.
Economics Prof. Scott Shane told The Wall Street Journal that 40% of an entrepreneurial predispostion could be innate.
Shane, who teaches at Case Western University, says certain personality traits are widely shared by successful entrepreneurs. His book, "Born Entrepreneurs, Born Leaders," says qualities like extroversion, being open to new ideas and the ability to negotiate tough terms are attributes that may be inherited.
The idea is controversial for educators. According to Princeton Review, entrepreneurial studies are a growing business in both undergrad and graduate schools. Over 700 programs exist, with an average graduate school tuition of more than 40,000--a hefty sum if you already have what it takes.
Shane thinks that this could lead to the idea of education based on an individual's DNA. Professors could customize learning outcomes based on different personality types. Cautious types can learn to evaluate decisions differently than risk-takers. "Instead of assumming everyone is equal and will respond to education the same way," Shane told The Journal, "we will be able to look at genetic predispositions and figure out what fits."
Read the Wall Street Journal article.
Read more:
http://www.nydailynews.com/money/2010/06/10/2010-06-10_is_dna_your_destiny_researchers_think_genes_are_the_key_to_business_success.html#ixzz0z4IyYXZR 
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