Vol. 3, Issue 7, Part S (2017)

Abstract
Entrepreneur is an individual who practices innovative ideas through its technical knowledge and through his managerial capabilities grabs the existing environmental political opportunities to fulfil his own destiny and reaping massive profits. Political entrepreneur scans the existing environmental opportunities, examines the feasibility to setup his political venture resulting in his self-satisfaction which brings happiness, joy, comfort, peace and helps in attaining self-actualization. Political entrepreneurs are considered as change agents in the process of industrial, social, political and economic development of a country and can also be termed as ‘spark plugs’ to transform economic and political scene of the country, i.e., every country needs varied category of entrepreneurs for prosperity of the nation.