Chapter One — 1.1 Background to the Study

Government Entrepreneurship Policy has increasingly attracted the attention of researchers, regulators, and practitioners concerned with job creation of youth entrepreneurs. This growing interest reflects the recognition that government entrepreneurship policy does not operate in isolation, but interacts with a wider set of institutional and market conditions found within Selected States in South-West Nigeria.

Selected States in South-West Nigeria 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 government entrepreneurship policy is widely discussed in policy and industry circles, empirical evidence on its actual effect on job creation of youth entrepreneurs within Selected States in South-West 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 job creation of youth 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 job creation of youth entrepreneurs in Selected States in South-West Nigeria.
2. To assess the extent to which government entrepreneurship policy influences job creation of youth entrepreneurs within the study area.
3. To identify the challenges associated with government entrepreneurship policy in relation to job creation of youth entrepreneurs.
4. To recommend strategies for optimizing government entrepreneurship policy in order to improve job creation of youth entrepreneurs.

1.4 Research Questions

1. What is the effect of government entrepreneurship policy on job creation of youth entrepreneurs in Selected States in South-West Nigeria?
2. To what extent does government entrepreneurship policy influence job creation of youth entrepreneurs within the study area?
3. What challenges are associated with government entrepreneurship policy in relation to job creation of youth entrepreneurs?
4. What strategies can be adopted to optimize government entrepreneurship policy in order to improve job creation of youth 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 job creation of youth entrepreneurs. For managers and practitioners within Selected States in South-West 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

The study is limited to an examination of Government Entrepreneurship Policy and its relationship with job creation of youth entrepreneurs within the context of Selected States in South-West Nigeria. It reflects a clearly defined 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.