Submitted:
19 June 2025
Posted:
20 June 2025
You are already at the latest version
Abstract
Keywords:
1. Introduction
2. Theoretical Framework
3. Problem Statement
4. Purpose
- To determine how BI as a KM tool is used to support entrepreneurs at the DSBD
- To explore the role of BI and KM tools in overcoming the barriers to entrepreneurial growth, development, and sustainability
5. Literature Review
5.1. BI as a KM Tool to Support Entrepreneurs at the DSBD
5.2. Exploring the Role of BI and KM Tools in Overcoming the Barriers to Entrepreneurial Growth, Development, and Sustainability
- Lack of comprehensive business training programs.
- Inadequate monitoring and evaluation systems for entrepreneurial businesses.
- Shortcomings in supply-driven business support programs.
- Urban-centric business development initiatives that overlook rural entrepreneurs.
6. Research Methodology
| Code | Occupation | Education | Experience |
|---|---|---|---|
| Participant 1 | Regional manager | Honours degree | Seven years |
| Participant 2 | Regional manager | Honours degree | Six years |
| Participant 3 | Regional manager | Honours degree | Seven years |
| Participant 4 | Regional manager | Honours degree | Six years |
| Participant 5 | Senior manager | Bachelor’s degree | Five years |
| Participant 6 | Senior manager | Bachelor’s degree | Five years |
| Participant 7 | Deputy director | Master’s degree | Eight years |
| Participant 8 | Deputy director | Master’s degree | Seven years |
| Participant 9 | Programme implementer | National diploma | Six years |
| Participant 10 | Programme implementer | National diploma | Five years |
| Participant 11 | Programme implementer | National diploma | Six years |
| Participant 12 | Programme implementer | National diploma | Four years |
| Participant 13 | Programme implementer | National diploma | Five years |
| Participant 14 | Programme implementer | National diploma | Five years |
| Participant 15 | Business administrator | National vocational certificate | Four years |
7. Presentation of Results and Data Analysis
7.1. Establish how BI as a KM Tool Is Used by the DSBD to Support Entrepreneurs
“Programme implementers, business development officers, regional managers, and senior officials are responsible for implementing BI initiatives. KM tools are used to facilitate the sharing of insights and lessons learned among these roles, ensuring that each team member can access the necessary information to support decision-making and project execution”.[Participant 1]
“There are various team members and stakeholders responsible for implementing BI initiatives, such as program implementers who collaborate with stakeholders like SEDA and SEFA. KM tools enhance this collaboration by enabling seamless communication and information exchange, ensuring that all stakeholders have access to up-to-date data and relevant insights to drive the BI initiatives forward”.[Participant 4]
“Regional managers and deputy directors are project leaders in implementing BI programs, often collaborating with stakeholders. KM tools support this collaboration by providing platforms for knowledge sharing and documentation, which helps maintain consistency and continuity in BI projects across different regions and teams”.[Participant 2]
“The entrepreneurial business support unit is responsible for implementing business support programs. KM tools play a crucial role by allowing the unit to capture and store best practices and project outcomes, making this knowledge available for future BI initiatives and ensuring that the team builds on previous successes’’.[Participant 3]
7.1.1. Strategic Role of BI as a KM Tool in Fostering Entrepreneurial Business Sustainability
“I think BI, together with other business management processes, is very important and strategic to the DSBD in order to provide entrepreneurs with the information they need to remain competitive in their businesses. BI serves as a vital KM tool by facilitating the collection and dissemination of critical business insights, ensuring that entrepreneurs have access to the knowledge they need to adapt and thrive in a dynamic market environment”.[Participant 9]
“I consider BI as a strategic resource because, through BI, entrepreneurs can gain a competitive advantage by understanding their market positioning, monitoring competitor activities, and identifying emerging opportunities or threats. This allows them to adapt quickly to changing market conditions and stay ahead of the competition. Here, BI functions as a vital KM tool by providing entrepreneurs with the knowledge they need to navigate the business landscape effectively.”[Participant 1]
“I think BI becomes a strategic resource in the sense that, when combined with other business management processes such as strategic planning and performance management, it helps entrepreneurs to take business positions where efforts are focused on achieving specific business objectives. In this scenario, BI is integrated as a KM tool that supports the alignment of business activities with strategic goals”.[Participant 15]
7.1.2. The Role of BI as a KM Tool in Enhancing Entrepreneurial Success
“Business intelligence is very important for the business of entrepreneurs because it helps them grow. It is very important in analysing business trends, consumer behaviour and inflation rates of business products and services. By integrating KM tools, entrepreneurs can capture, store, and retrieve the analyses provided by BI. This ensures that critical insights into business trends, consumer behaviour, and inflation rates are retained and easily accessible for future decision-making, leading to more informed and strategic business growth”.[Participant 5]
“As a programme implementer and an entrepreneur myself, yes I think BI is important for business growth and development in the entrepreneur space. I mean it assists us to analyse information about our competitors, check for investment opportunities and things like that. Using KM tools, the insights gained from BI about competitors and investment opportunities can be documented and shared within a community or network of entrepreneurs”.[Participant 12]
“In my opinion, I think If BI is combined with creativity, it then only becomes important and valuable to entrepreneurs, it doesn’t help to acquire so many tools, and fail to use them. KM tools can help entrepreneurs not only acquire but also effectively utilize BI tools by providing guidelines, best practices, and examples of creative applications”.[Participant 10]
“I am not sure whether it does assist entrepreneurs in their growth. But what I have observed is that, there are so many AI BI tools that are very good in providing business insights where entrepreneurs can get tips on how to grow their businesses. KM tools can be used to categorize the various BI tools available, making it easier for entrepreneurs to select the most relevant ones”.[Participant 7]
7.2. To Explore the Role of BI and KM Tools in Overcoming the Barriers to Entrepreneurial Growth, Development, and Sustainability
“One of the primary challenges faced by the DSBD in providing entrepreneurial business support programs is inadequate funding, which limits the department’s ability to implement comprehensive and impactful initiatives”.[Participant 1]
“There various red tapes and administrative complexities within the DSBD, and this delay the rollout of support programs and hinder their effectiveness”.[Participant 14]
“There many of them, but I can only attest to the capacity constraints within the DSBD, this includes limited human resources, expertise, and organisational capacity, as significant challenges that hinder the department’s ability to deliver support programs efficiently”.[Participant 12]
“I think are accessibility barriers, such as limited outreach efforts and insufficient presence in remote or underserved areas, make it difficult for the DSBD to reach and support all entrepreneurs effectively”.[Participant 7]
“Well, there is a need for improved coordination and collaboration between different departments, agencies, and stakeholders involved in entrepreneurial support initiatives to enhance efficiency and avoid duplication of efforts”.[Participant 13]
“There are raising concerns about the lack of robust monitoring and evaluation mechanisms within the DSBD to assess the impact and effectiveness of entrepreneurial support programs and make data-driven decisions for improvement”.[Participant 6]
“Our entrepreneurs often face challenges in accessing timely and relevant information about available support programs, funding opportunities, and business resources provided by the DSBD, this leads to a lack of awareness and underutilization of available services”.[Participant 11]
8. Proposed Model for Entrepreneurial Support Programs

- Needs assessment and stakeholder analysis: Conduct a comprehensive needs assessment to identify the specific needs and challenges faced by entrepreneurs within the target demographic. Additionally, analyze the key stakeholders involved in the entrepreneurial ecosystem, including entrepreneurs themselves, government agencies, financial institutions, industry associations, and community organizations.
- Data collection and integration: Collect relevant data from various sources, including government databases, surveys, market research reports, and feedback from stakeholders. Ensure that the data collected is diverse, comprehensive, and aligned with the identified needs of entrepreneurs. Integrate data from internal DSBD systems as well as external sources such as SEDA and SEFA.
- Data analysis and insights generation: Utilize BI tools and techniques to analyse the collected data and generate actionable insights. This involves data mining, predictive analytics, and visualization techniques to identify trends, patterns, and correlations relevant to entrepreneurial support programs. Insights should be translated into actionable recommendations for program development and implementation.
- Program design and tailoring: Design entrepreneurial support programs based on the insights generated from data analysis. Ensure that programs are tailored to address the specific needs and preferences of entrepreneurs within different segments of the target demographic. Consider factors such as industry sector, business size, geographic location, and stage of business development.
- Monitoring and evaluation framework: Develop a robust monitoring and evaluation framework to track the effectiveness and impact of entrepreneurial support programs over time. Define key performance indicators (KPIs) and metrics to measure program outcomes, such as business growth, job creation, revenue generation, and customer satisfaction. Regularly collect and analyze data to assess program performance and identify areas for improvement.
- Continuous improvement and iteration: Establish a culture of continuous improvement and iteration within the DSBD’s entrepreneurial support programs. Use feedback from stakeholders and program evaluations to refine program design, delivery, and outcomes. Incorporate new data and insights into program development to ensure relevance and effectiveness in addressing evolving entrepreneurial needs.
- Knowledge sharing and collaboration: Facilitate knowledge sharing and collaboration among stakeholders involved in entrepreneurial support programs. Establish platforms for sharing best practices, lessons learned, and success stories to foster collaboration and collective learning. Leverage BI tools to facilitate data sharing and collaboration across different organisational levels and external partners.
- Capacity building and training: Provide training and capacity building programs for DSBD staff and external stakeholders involved in delivering entrepreneurial support programs. Equip them with the necessary skills and knowledge to effectively leverage BI tools and techniques for data-driven decision-making and program implementation
9. Conclusion and Recommendations
References
- Alsibhawi, IAA, Yahaya, JB & Mohamed, HB. 2023. Business intelligence adoption for small and medium enterprises: conceptual framework. Applied Sciences 13(7):41-21. [CrossRef]
- Bickley, SJ, Macintyre, A & Torgler, B. 2024. Artificial intelligence and big data in sustainable entrepreneurship. Journal of Economic Surveys. https://doi.org/10.1111/joes.12611 (Accessed 25 September 2023). [CrossRef]
- Department of Trade, Industry & Competition. 2019. Annual Incentive Report. http://www.thedtic.gov.za/wp-content/uploads/2018-2019_Annual_Incentive_Report.pdf (Accessed 13 February 2023).
- National Youth Development Agency. 2020. Annual Report. https://www.nyda.gov.za/Portals/0/downloads/NYDA%20ANNUAL%20REPORT%20201920%20UPDATE%20V7.pdf (Accessed 3 November 2023).
- Small Enterprise Finance Agency. 2019. Annual Report. https://www.sefa.org.za/uploads/files/files/10189-SEFA_ANNUAL_REPORT_201819.pdf (Accessed 7 December 2022).
- Koe, WL & Sakir NA. 2020. The motivation to adopt e-commerce among Malaysian entrepreneurs. Organizations and Markets in Emerging Economies 11(1):189-202. https://www.ceeol.com/search/article-detail?id=870419 (Accessed 6 March 2022).
- Rostami, N A.2014. Integration of Business Intelligence and Knowledge Management – A literature review. Journal of Intelligence Studies in Business 4(2). [CrossRef]
- Becerra-Fernandez I, Sabherwal R.2014. Knowledge management: Systems and processes.[eBook].Routledge. [CrossRef]
- Rao, GK & Kumar, R. 2011. Framework to integrate business intelligence and knowledge management in banking industry. https://doi.org/10.48550/arXiv.1109.0614 (Accessed 2 February 2023). [CrossRef]
- Mohamad, AK, Jayakrishnan, M & Yusof, MM. 2022. Thriving information system through business intelligence knowledge management excellence framework. International Journal of Electrical & Computer Engineering 12:(1) 2088-8708. [CrossRef]
- Romero, CA, Ortiz, JH, Khalaf, OI & Ríos Prado, A. 2021. Business Intelligence: Business Evolution after Industry 4.0. Sustainability 13(18):10026. https://doi.org/10.3390/su131810026 (Accessed 6 April 2024). [CrossRef]
- Kristoffersen, E, Mikalef, P, Blomsma, F & Li, J. 2021. Towards a business analytics capability for the circular economy. Technological Forecasting and Social Change 171:120-957. [CrossRef]
- Kumar, A. 2023. Barriers to Adoption of Business Analytics and Artificial Intelligence: A Study of Top Management. PhD dissertation, American Business Management and Technology College, Switzerland.
- Mathrani, S & Edwards, B. 2020. Knowledge-sharing strategies in distributed collaborative product development. Journal of Open Innovation: Technology, Market, and Complexity 6(4):194. https://www.mdpi.com/2199-8531/6/4/194# (Accessed 28 August 2022).
- Edelman, S. 2023. Enhancing a knowledge intensive service process with knowledge management and data driven management. https://urn.fi/URN:NBN:fi-fe20231030141812 (Accessed 4 May 2023).
- Ranjan, J & Foropon, C. 2021. Big data analytics in building the competitive intelligence of organizations. International Journal of Information Management 56:102-231. [CrossRef]
- Moinuddin, M, Usman, M & Khan, R. 2024. Strategic Insights in a Data-Driven Era: Maximizing Business Potential with Analytics and AI. Revista Espanola de Documentacion Cientifica 18(02):117-133.
- Telukdarie, A, Philbin, S, Mwanza, BG. & Munsamy, M. 2022. Digital platforms for SMME enablement. Procedia Computer Science 200:811-819. [CrossRef]
Disclaimer/Publisher’s Note: The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of MDPI and/or the editor(s). MDPI and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content. |
© 2025 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (http://creativecommons.org/licenses/by/4.0/).