There are many entrepreneurs in this world and there has been a lot of debate as to whether or not an entrepreneur is born or can be made. Experts have been battling over this question for years and there are several schools of thought on the subject.
Tendencies Run In Families
Some experts believe that if there is one entrepreneur in any given family there will be other ones later on. This is because entrepreneurial tendencies can be found in a person’s genetics.
Scott Shane is a professor that teaches at Case Western Reserve University. He teaches classes on entrepreneurial studies and co-directed a study examining the idea of entrepreneurial skills being hereditary. During the research performed during this study, 870 sets of identical twins were studied. Identical twins have 100% the same genes. The study also involved 857 sets of twins that are the same gender. These twins share half of the same genes. The goal of the study was to determine if this skill set is genetic, environmental or both. Research accumulated during this study lead to the result that approximately 60% of them are made and 40% of them are born.
Another study, conducted by Barbara Sahakian, a clinical neuropsychology professor at the University of Cambridge determined that drugs which change the levels of dopamine in a person’s body can be used to give someone entrepreneurial skills.
This Skill Set Can Be Taught
Another study conducted revealed that students who took a class that talked about entrepreneurship were more likely to want hpw to start a company when they never had a desire to do so in the past. One reason for this is that these types of classes give a person confidence that they can start their own company.
An economics professor at Yale University led a study concerning female students that were part of a banking program. The results of the study determined that of the females who participated in classes on entrepreneurship made 16% more sales at their bank than the students who didn’t participate in these classes.
Other experts feel that these kinds of skills simply can’t be taught and must come naturally.
There will likely always be controversy surrounding this issue. With the growing popularity of start up companies becoming more of a factor it is likely that experts will always but heads over whether someone is born an entrepreneur or not.
Many books have been written on this subject by countless others who have conducted studies concerning this impending issue. With advances in technology and social media it is becoming easier and easier for young people fresh out of college to start a new company and have it grow and develop right before their very eyes.
When one considers that the job market in the U.S. is more competitive than it ever has been in the past, it stands to reason that people will continue to make an effort to start their own company. That is a part of the American dream.
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