Statistics show 30% of Nobel Prizes in science and twenty percent of Forbes 400 are Jewish achievements. I don't believe genetic explanation is accurate, there must be some parts of upbringing and environmental factors. Which one?
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The answer is simple although not likely to be accepted by science. Studying Torah Lishmah makes a person smarter. The Torah comes from G-d and by involving our mind with it we connect our mind to G-d's mind. This can have an effect on our minds and on our children and descendents.
We repeatedly see throughout Rabbinic literature (Mishna, Talmud, Medrash, etc.) that the highest value is placed on study. I would confidently estimate that Judaism places more value on scholarship than any other major religion or culture. Like the middle school nerd, this has gotten us kicked around by bullies for most of the past 4000 years, but now, as the rest of the world is slowly coming around, we get our just dessert.