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October 20, 2006

Entrepre-nature or nurture?

When it comes to entrepreneurship, nature – not nurture – spells success, according to a new survey.by Northeastern University.

Sixty-two percent of the 200 entrepreneurs surveyed said "innate drive" was the chief motivator behind their launching a business. Work experience (21 percent) and watching the entrepreneurial success of peers (16 percent) were also strong motivators for survey takers business pursuits.

The survey was conducted by a newly launched school at Northeastern for "technological entrepreneurship." Only one percent of entrepreneurs cited higher education as their motivator to launch a business.

The school interprets those results to mean higher education does a poor job of preparing students to become entrepreneurs.

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