Metaverse Mindset: A Catalyst for Superior Technological and Business Performance in Gaming Industry

Abstract

An intimate environment for the business metaverse can be utilized to participate in virtual meetings with other users and it is critical in the current concept of online communication through video conferencing. From the stakeholder’s viewpoints this study attempts to characterize the business position and the degree of urgency in riding the metaverse era. In this metaverse era, research on quantitative methods produces valuable data that can be used as a guide for creating organizations’ roles. To answer the questions Partial Least Square Structural Equations Modeling (PLS-SEM) was carried out using a modified quantitative approach. The study findings indicate the organization does not always need to depend on outside factors to implement metaverse application. The findings are clear that human resource competencies to predict the future, balance knowledge and skill requirements, transmit a metaverse attitude, and spur creativity are also essential for the metaverse to advance along with technology. According to this study, it was obtaining that the factor in quantitative model had a significant impact with the goal to operate in the metaverse. It is proved that metaverse mindset has vital importance to promote technological performance and business performance in gaming industry of Pakistan.