AURORA: Journal of Emerging Business Paradigms
Vol. 1 No. 1 (2024): June

Metaverse Integration in Business: Strategies for Competitive Advantage

Wisnujati, Nugrahini Susantinah (Unknown)
Kamal, Mohammed (Unknown)
Sangadji, Suwandi S. (Unknown)



Article Info

Publish Date
30 Jun 2024

Abstract

The integration of the metaverse into business operations presents significant opportunities for enhancing competitiveness and innovation. This comprehensive literature review explores recent research trends and findings regarding metaverse integration in various industries. By synthesizing insights from academic studies, industry reports, and case analyses, the study highlights the growing interest in leveraging immersive technologies such as virtual reality (VR) and augmented reality (AR) to redefine business strategies and gain competitive advantages. Key themes include customer engagement, product innovation, collaboration, and monetization strategies within the metaverse economy. Despite promising opportunities, challenges such as accessibility, data privacy, and interoperability standards require careful consideration. Future research should focus on understanding long-term impacts, developing effective monetization strategies, and fostering interdisciplinary collaborations for responsible and sustainable metaverse integration.

Copyrights © 2024






Journal Info

Abbrev

aurora

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

AURORA: Journal of Emerging Business Paradigms is a peer-reviewed academic journal dedicated to advancing knowledge and understanding in the fields of marketing, business, entrepreneurship, human resource management, financial management, strategic management, and accounting. With a focus on ...