Chapter One — 1.1 Background to the Study

Entrepreneurial Education has increasingly attracted the attention of researchers, regulators, and practitioners concerned with business scalability of home-based businesses. This growing interest reflects the recognition that entrepreneurial education does not operate in isolation, but interacts with a wider set of institutional and market conditions found within the Nigerian Capital Market.

the Nigerian Capital Market presents a useful setting for examining this relationship precisely because the conditions there — structural, regulatory, and behavioural — differ from those typically assumed in the broader literature, most of which draws on evidence from more developed economies.

1.2 Statement of the Problem

While entrepreneurial education is widely discussed in policy and industry circles, empirical evidence on its actual effect on business scalability of home-based businesses within the Nigerian Capital Market 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 entrepreneurial education are helping or hindering business scalability of home-based businesses — a gap this study sets out to close.

1.3 Objectives of the Study

1. To examine the effect of Entrepreneurial Education on business scalability of home-based businesses in the Nigerian Capital Market.
2. To assess the extent to which entrepreneurial education influences business scalability of home-based businesses within the study area.
3. To identify the challenges associated with entrepreneurial education in relation to business scalability of home-based businesses.
4. To recommend strategies for optimizing entrepreneurial education in order to improve business scalability of home-based businesses.

1.4 Research Questions

1. What is the effect of entrepreneurial education on business scalability of home-based businesses in the Nigerian Capital Market?
2. To what extent does entrepreneurial education influence business scalability of home-based businesses within the study area?
3. What challenges are associated with entrepreneurial education in relation to business scalability of home-based businesses?
4. What strategies can be adopted to optimize entrepreneurial education in order to improve business scalability of home-based businesses?

1.5 Significance of the Study

Beyond its academic contribution to the field of entrepreneurship, this study has practical value for management teams within the Nigerian Capital Market seeking to understand how entrepreneurial education translates into measurable outcomes around business scalability of home-based businesses. It is equally useful to students and future researchers looking for a localized empirical reference on this relationship.

1.6 Scope of the Study

The study is limited to an examination of Entrepreneurial Education and its relationship with business scalability of home-based businesses within the context of the Nigerian Capital Market. It reflects a BSc-level scope of analysis and relies on data and perspectives available within that scope; generalizing the findings beyond this specific context should therefore be done with appropriate caution.