Chapter One — 1.1 Background to the Study

Over the past decade, the relationship between government entrepreneurship policy and business survival rate of university student entrepreneurs has become a subject of considerable debate among scholars and industry practitioners alike, particularly within the context of Selected Public Universities in Nigeria where operating conditions differ markedly from more developed markets.

Within the context of Selected Public Universities in Nigeria, this relationship carries particular significance. Organizations in this setting operate under a distinct combination of economic, regulatory, and market conditions that may amplify or dampen the effect of government entrepreneurship policy on business survival rate of university student entrepreneurs, making a context-specific inquiry both timely and necessary.

1.2 Statement of the Problem

While government entrepreneurship policy is widely discussed in policy and industry circles, empirical evidence on its actual effect on business survival rate of university student entrepreneurs within Selected Public Universities in Nigeria remains sparse and, in places, contradictory. This lack of localized, rigorous evidence makes it difficult for decision-makers to know with confidence whether current approaches to government entrepreneurship policy are helping or hindering business survival rate of university student entrepreneurs — a gap this study sets out to close.

1.3 Objectives of the Study

1. To examine the effect of Government Entrepreneurship Policy on business survival rate of university student entrepreneurs in Selected Public Universities in Nigeria.
2. To assess the extent to which government entrepreneurship policy influences business survival rate of university student entrepreneurs within the study area.
3. To identify the challenges associated with government entrepreneurship policy in relation to business survival rate of university student entrepreneurs.
4. To recommend strategies for optimizing government entrepreneurship policy in order to improve business survival rate of university student entrepreneurs.

1.4 Research Questions

1. What is the effect of government entrepreneurship policy on business survival rate of university student entrepreneurs in Selected Public Universities in Nigeria?
2. To what extent does government entrepreneurship policy influence business survival rate of university student entrepreneurs within the study area?
3. What challenges are associated with government entrepreneurship policy in relation to business survival rate of university student entrepreneurs?
4. What strategies can be adopted to optimize government entrepreneurship policy in order to improve business survival rate of university student entrepreneurs?

1.5 Significance of the Study

This study is significant to a range of stakeholders. For policymakers and regulators, the findings offer evidence to guide the design of frameworks that support healthier outcomes around business survival rate of university student entrepreneurs. For managers and practitioners within Selected Public Universities in Nigeria, the study provides practical insight into how government entrepreneurship policy can be better managed. Finally, it contributes to the academic literature on entrepreneurship by extending existing knowledge into a specific empirical context, and offers a reference point for future researchers.

1.6 Scope of the Study

In terms of scope, this BSc study confines itself to Selected Public Universities in Nigeria, focusing specifically on how government entrepreneurship policy relates to business survival rate of university student entrepreneurs within that setting. Findings are interpreted within these boundaries rather than as universal claims applicable to every organization or market.