Paper Number

1931

Paper Type

Completed

Description

The metaverse is intended to reflect almost all activities of everyday and professional life in creating a new experience of social interaction by merging the virtual and real world in an interactive environment. It has the potential to disrupt the way we interact, socialize and work and thus organizations pursue possible application areas. However, there is a lack of research on the organizational readiness factors to ensure a successful initiation. To address this, we conducted 17 expert interviews from different industries. Drawing on the TOE framework, we identified 14 factors and respective propositions for the organizational context. Thereby well-known factors such as top management support were adapted to the requirements of the metaverse, but also new metaverse-specific factors emerged such as standards and interoperability.

Comments

14-DigitalInnovation

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Dec 11th, 12:00 AM

Are Organizations Ready for Metaverse? Identifying Influencing Factors for Initiating Metaverse in the Organizational Context

The metaverse is intended to reflect almost all activities of everyday and professional life in creating a new experience of social interaction by merging the virtual and real world in an interactive environment. It has the potential to disrupt the way we interact, socialize and work and thus organizations pursue possible application areas. However, there is a lack of research on the organizational readiness factors to ensure a successful initiation. To address this, we conducted 17 expert interviews from different industries. Drawing on the TOE framework, we identified 14 factors and respective propositions for the organizational context. Thereby well-known factors such as top management support were adapted to the requirements of the metaverse, but also new metaverse-specific factors emerged such as standards and interoperability.

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