Abstract
The metaverse, although yet to be fully realized, offers a compelling vision: a scalable and interoperable ecosystem of virtual worlds that can be simultaneously accessed by multiple users using continuous, user-generated, and embodied identities (i.e., avatars). Since the metaverse will likely achieve widespread user adoption once innovators and early adopters recognize its values, it must evolve in a direction that appeals to these groups. However, it remains unsure what aspects of the metaverse innovators perceive as opportunities and challenges when engaging with early adopters. This article describes the opinions of users who influence the metaverse’s mass adoption, clarifying their perception of what already works well, holds high potential, and presents challenges. By synthesizing and critically evaluating this information, the article offers guidance for the future development and use of the metaverse and provides insights concerning its diffusion in society.
Original language | English |
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Pages (from-to) | 23-50 |
Number of pages | 28 |
Journal | California Management Review |
Volume | 66 |
Issue number | 4 |
Early online date | 18 May 2024 |
DOIs | |
Publication status | Published - Aug 2024 |
Bibliographical note
Special Issue on the Metaverse.Publisher Copyright:
© The Regents of the University of California 2024.
Keywords
- adoption
- innovation focused strategy
- metaverse
- value creation