From hype to impact: How companies can leverage the metaverse technology for business models
Nino Tomini,
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Katharina Brenk,
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Dominik K. Kanbach
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et al.
The International Journal of Entrepreneurship and Innovation,
Journal Year:
2024,
Volume and Issue:
unknown
Published: June 2, 2024
This
study
explores
the
impact
of
metaverse
technology
on
business
models
(BMs).
Despite
increasing
academic
and
practical
interest,
adoption
seamless
integration
this
poses
substantial
challenges
for
businesses.
adopts
a
grounded-theory
approach
to
explore
how
firms
can
incorporate
technological
innovation
within
their
existing
BMs.
Drawing
upon
insights
from
20
interviews,
data
were
structured
using
Gioia
methodology,
uncovering
5
dimensions
that
elucidate
companies
leverage
augment
value
creation,
capture,
delivery,
both
internally
externally,
These
serve
as
roadmap
seeking
embrace
metaverse,
offering
into
potential
adaptations
contributes
theoretical
discourse
surrounding
by
delineating
specific
components
BMs
be
tailored
accommodate
integration.
Furthermore,
our
findings
offer
invaluable
guidance
recommendations
ventures,
highlighting
diverse
areas
creation
process
where
strategically
applied.
research
lays
foundation
more
comprehensive
understanding
technology's
role
in
shaping
landscape.
Language: Английский
Impacts of Digital Entrepreneurial Ecosystems on Sustainable Development: Insights from Latin America
Sustainability,
Journal Year:
2024,
Volume and Issue:
16(18), P. 7928 - 7928
Published: Sept. 11, 2024
Digital
Entrepreneurial
Ecosystems
(DEEs)
are
transforming
the
economic
landscape
through
their
integration
of
digital
technologies,
offering
new
opportunities
for
innovation
and
growth.
This
study
explores
impact
DEEs
on
sustainable
development,
focusing
specifically
Latin
America.
As
continue
to
evolve,
understanding
influence
economic,
environmental,
social
sustainability
becomes
crucial,
particularly
in
a
region
characterized
by
significant
developmental
challenges.
Utilizing
data
panel
from
two
different
periods
analysis,
2013
2017
2018
2022,
within
adapted
DEE
framework
provided
Global
Entrepreneurship
Development
Institute
(GEDI),
we
employ
Principal
Component
Regression
(PCR),
Partial
Least
Squares
(PLSR),
fuzzy-set
Qualitative
Comparative
Analysis
(fsQCA
3.0)
analyze
components
across
14
American
countries.
These
countries
may
not
have
full
spectrum
capabilities,
yet
they
still
able
harness
elements
do
possess
effectively.
suggests
that
even
partial
digitalization,
when
strategically
utilized,
can
lead
substantial
gains
development.
Additionally,
Networking,
Protection,
Tech
Transfer
present
higher
magnitude
social,
development
only
contributes
deeper
DEE’s
role
fostering
but
it
also
offers
actionable
insights
policymakers
entrepreneurs
leverage
broader
societal
benefits.
The
implications
findings
perspectives
under
existing
literature,
conclusion
shows
recommendations
future
research
strategy
Language: Английский
Adopting Transitional Business Models in Small Fitness Businesses in Response to Business Disruptions
Journal of Small Business Strategy,
Journal Year:
2024,
Volume and Issue:
33(3)
Published: May 14, 2024
The
COVID-19
pandemic
disrupted
economies
and
societies
around
the
world
forced
many
industries
to
rethink
their
operations.
While
ambiguity
in
global
adapted
modes
of
operation
have
considerably
affected
small
businesses
fitness
industry,
few
insights
been
provided
into
adjustments
that
enabled
these
remain
operational.
This
study
hence
adopts
a
qualitative
approach
explore
made
by
based
on
transitional
business
models
during
pandemic.
We
conducted
semi-structured
interviews
with
key
informants
from
had
encountered
restrictions
limitations
due
findings
indicate
chose
trial-and-error
while
developing
model
allowed
value
propositions
as
they
developed
resilience
disruptions.
Nevertheless,
existing
customers’
perceptions
service
quality
loyalty
served
an
important
buffer
for
ensuring
customer
retention.
Language: Английский
Openness influences business model innovation: the mediating role of digital capability
Journal of Organizational Change Management,
Journal Year:
2024,
Volume and Issue:
unknown
Published: Sept. 25, 2024
Purpose
Exploring
open
value,
cultivating
digital
capability
(DC)
and
driving
business
model
innovation
(BMI)
have
become
an
inevitable
choice
for
enterprises
to
meet
market
demand
adapt
environmental
changes.
However,
as
one
of
the
situational
variables
BMI,
positive
or
negative
influence
openness
has
not
been
proved
path
mechanism
between
DC
BMI
is
clear.
Based
on
dynamic
theory,
this
paper
takes
manufacturing
example
explore
internal
impact
mechanisms
organizational
BMI.
It
extends
analysis
by
introducing
a
mediating
variable
enterprise
type
(high-tech
non-high-tech)
moderating
variable.
Design/methodology/approach
A
questionnaire
survey
was
conducted
using
data
collected
in
China,
from
355
were
carry
out
empirical
research.
Participants
mainly
middle
senior
managers
with
comprehensive
grasp
their
firms’
information.
Exploratory
factor
(EFA)
confirmatory
(CFA)
used
test
reliability
validity
sample
data,
binomial
regression
hypothesis
relationships.
Findings
The
authors
find
inverted
U-shaped
relationship
explain
that
excessive
may
lead
low
resource
utilization,
inertia,
cooperation
distrust,
which
will
includes
(DRC),
management
(DMC)
collaboration
(DCC),
promote
play
role
Enterprise
effect
Research
limitations/implications
results
summarize
opportunities
threats
innovation,
help
fully
understand
double-edged
sword
openness,
guide
be
sensitive
achieve
sustainable
innovation.
By
analyzing
DRC,
DMC
DCC
can
improve
understanding
digital-driven
value
creation
process
competitive
advantage
enterprises.
Originality/value
This
presents
relationships
among
We
non-linear
effects
bridging
inconsistent
view
change
previous
studies.
introduction
theory
age,
opens
“black
box”
opening
perspective
DCC.
From
type,
provides
different
choices
upgrading
strategic
based
high-tech
non-high-tech
Language: Английский