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Metaverse adoption for competitive edge: The role of implementation capability & willingness to change.

Lookup NU author(s): Simos Chari, Dr Davit MarikyanORCiD, Professor Savvas PapagiannidisORCiD

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This work is licensed under a Creative Commons Attribution 4.0 International License (CC BY 4.0).


Abstract

The metaverse has recently attracted significant attention from the business community as it offers various opportunities for enhanced business value creation. Nevertheless, there is a limited understanding as to why some firms are better able than others to realise the performance benefits afforded by the metaverses. To address this shortcoming, we draw on the ‘organisational excellence’ framework and investigate the role of ‘implementation capacity’ and ‘willingness/readiness to change’ to understand how metaverse adoption intentions can translate into organisational performance benefits (i.e., competitive edge over rivals). Based on data collected from 431 organisations, we test our hypotheses with a regression analysis and complement our findings with a fuzzy-set qualitative comparative analysis (fsQCA) to identify the organisational excellence factors—pertaining to organisational culture, structure, human capital, and capabilities—that enable the effective implementation of the metaverse. The study findings shed light on the effective integration of the metaverse into organisations and offer unique implications for technology adoption and implementation theory and practice.


Publication metadata

Author(s): Bekos GS, Chari S, Marikyan D, Papagiannidis S

Publication type: Article

Publication status: Published

Journal: Decision Support Systems

Year: 2024

Pages: ePub ahead of print

Online publication date: 16/12/2024

Acceptance date: 10/12/2024

Date deposited: 19/12/2024

ISSN (print): 0167-9236

ISSN (electronic): 1873-5797

Publisher: Elsevier BV

URL: https://doi.org/10.1016/j.dss.2024.114385

DOI: 10.1016/j.dss.2024.114385

Data Access Statement: The data that has been used is confidential.


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