The Impact of Strategic Entrepreneurship on Financial Sustainability: A Field Study in the Management of Private Schools in the Capital Municipality - Sana’a 10.35781/1637-000-137-007

Abstract

This study aimed to analyze the impact of strategic entrepreneurship on financial sustainability in the management of private schools in the Capital Municipality (Sana’a). To this end, a descriptive-analytical approach was adopted, whereby a questionnaire was employed as the primary instrument for data collection. The study population comprised all (738) private schools across all directorates of the Capital Municipality. By applying a multistage cluster sampling technique, a sample of (306) managerial and financial staff was selected. After analyzing the data, the findings demonstrated a statistically significant impact of strategic entrepreneurship practices on enhancing financial sustainability in the management of private schools in the Capital Municipality, indicating that a 100% improvement in strategic entrepreneurship leads to a 71.4% improvement in achieving financial sustainability. Furthermore, the results revealed that both the level of strategic entrepreneurship practice and the level of financial sustainability achievement were significantly high within the study sample. In light of these findings, the study concluded by proposing a set of recommendations, the most prominent of which are: the necessity for private schools to comprehensively enhance financial planning, improve financial practices, and strategically develop diversified revenue streams to ensure long-term financial sustainability.