Defining entrepreneurship as creative activities initiated by highly creative minds, this study examined the research question: what motivates students showing the entrepreneurial attitude? This research specifies developmental stages they were in as entrepreneurs. To examine the question, we held the business model competition for students, namely M-BIP, followed by questionnaires and interviews to determine their motivations for entrepreneurship. Consequently, three factors, “increasing social status with the desire to overcome frustrations”, “economic independence to enhance quality of life”, and “social implementation to embody their creativity”, are indicated. Moreover, autopoietic minds that sees interactions with others as opportunities for self-sustaining growth were demonstrated during the interviews. In conclusion, it was implied that, for practical entrepreneurial education, interaction with various stakeholders to motivate participants is essential to encourage them to pursue their business plans and future visions. Our research also indicates that this leads to heighten the motivation of participants.
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