Entrepreneurship is a double-edged sword. Entrepreneurs may either reap great rewards or suffer great damages from crises in the near future. Therefore, it is crucial to offer entrepreneurship education to students. This would help them broaden their horizons in graduate employment. This study compares graduate entrepreneurs and graduate employees in China, focusing on their career development. The results of the study show that graduate entrepreneurs have higher career satisfaction than graduate employees. In addition, graduate entrepreneurs have greater work commitments than graduate employees, although they also have higher job stress. We also found that most graduates in either group could earn a living easily. A certain number of the two parties spent more than what they earned mainly to provide financial support to their families.

College students' perceptions of entrepreneurial environments exert significant influence on their entrepreneurial motivations. With China's increased focus on entrepreneurship and innovation, an increasing number of college students have embarked on a journey of self-employment and entrepreneurship. Due to disparities in the urban entrepreneurial environments, however, their entrepreneurial ventures in urban spaces are characterized by extreme phenomena such as entrepreneurial clusters and human capital flight, thus constraining economic development. This study sampled 244 college students from Wenzhou, China, and analyzed their opinions on the relationship between their perceptions of the entrepreneurial environment and associated motivations. We concluded that college students' entrepreneurial motivations are significantly and positively affected by their perception of socioeconomic conditions, education and training, and availability of financial and non-financial support, and insignificantly affected by their perceptions of the favorability of government policies as related to entrepreneurial development.