Some Considerations on Metaverse Empowering Business Innovation

Today, the development of the metaverse is on the rise. This paper uses work program of complexity to analyze the metaverse, which empowers business innovation. Four major parts are included: description, diagnosis, design and implementation. The focus is on the value empowerment of the metaverse to the business model, the mechanism and measures for enterprises to integrate into the metaverse era from the perspective of innovation, and how the metaverse reintroduces the three business elements of "user, production and scene" to reach the value re-creation, value re-transmission and value re-realization of the retail industry, so as to improve the operational efficiency and business performances as well as realize business innovation. As the metaverse continues to evolve, a new business landscape is on the horizon. we also need to pay attention to its market challenges, innovative applications, industrial policies, and governance structures.