Research on Metaverse Technology-enabled Innovation Ecosystem

Haiyu Zhang, Qiaozhou Wang


Traditional innovation systems are facing new dilemmas and challenges, and there is an urgent need for digital technologies
to reduce investment risks and fuel technology transformation at scale. The metaverse, as an integrator of multiple emerging technologies,
brings new opportunities for the development of innovation systems as it provides a trusted platform for innovative companies and
organizations. The metaverse initially started as a game experiment that generated a new form of innovation in a virtual world with a
plethora of opportunities and capabilities. However, research on the issue of innovation entrepreneurship in the metaverse and the conceptual
framework its core technologies in this process is limited. In this paper,we construct the conceptual framework of the metaverse technologyenabled innovation ecosystem, and summarize the three phases of the metaverse innovation ecosystem towards maturity.


Metaverse; Technology Pillars; Innovation Ecosystem; Blockchain

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