The researchers surmised that older children are showered with attention early in life and treated as leaders in the family. They are handed more responsibility after younger siblings are born and live with higher expectations from their parents.
Another reason thought by me could be that the intelligence of a child is directly proportional to certain hormones he is exposed to in the mother's womb.So it may be that firstborns receive more of those hormones. This logic is not completely wrong as it has been found already that the brain development of a child can be influenced in the mother's womb itself by some omega oils (found in fish fat).