These goofy resin-plastic figurines turn up at almost every yard sale. If you were alive in the early ’70s, you no doubt gave or received one of these, somewhere along the line. I once had a collection of about a hundred of them. Most are of little value. Most are the familiar off-white color. Not too many are of other colors, like this one. And, yes, they do have a name. They are known as Sillisculpts. Not sure who coined the phrase, but it does seem appropriate.
Here’s a link for more information: