Political Entrepreneur
WIKIPEDIA definitions excerpts below - click on term above to see the full definition on WikiPedia

Definition:

a businessman who seeks to gain profit through subsidies, protectionism, government
contracts, or other such favorable arrangements with government(s) through political
influence (also known as a rent seeker)

The term is also used in a very different way by those that wish to contrast what they see as a pure "market
entrepreneur" with someone that uses the political system to further a commercial venture or their own
career. On this definition a political entrepreneur is a business entrepreneur who seeks to gain profit through
subsidies, protectionism, government contracts, or other such favorable arrangements with government(s)
through political influence (also known as corporate welfare).

Ed Younkins (in 2000) wrote:
"Political entrepreneurs seek and receive help from the state and,
therefore, are not true entrepreneurs."

Similarly, Thomas DiLorenzo says, "a political entrepreneur succeeds primarily by influencing government to
subsidize his business or industry, or to enact legislation or regulation that harms his competitors." He says,
in contrast, the "market entrepreneur succeeds financially by selling a newer, better, or less expensive
product on the free market without any government subsidies, direct or indirect." He gives the example of a
mousetrap manufacturer who seeks to gain market share by making a better mousetrap as being a market
enterpreneur, and a manufacturer who lobbies Congress to ban the importation of foreign-made mousetraps
as a political entrepreneur. (
DiLorenzo, Thomas, Chapter 7 of How Capitalism Saved America) [1]      

In practice, the division between the market entrepreneur and the political entrepreneur can be hazy. Many
business entrepreneurs share both characteristics in varying degrees. The term appears to have been
coined by Burton W. Folsom Jr. in his book, The Myth of the Robber Barons.
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