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Digital Twins, Web3, Metaverse, Value Innovation and E-Commerce retail

Author

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  • PURCAREA, Ioan Matei

Abstract

We are witnessing a significant evolution of the digital twins, from testing and refining physical assets, as well of helping achieve the vision of bionic company, to appropriate applications of Internet of Things in the metaverse. There is no doubt about the trending large jump into the metaverse, or the already use of the Metaverse Index, and how Web3 applications and use cases are built. Further research is needed to shed light on the fine linkage between value innovation, retail highly competitive market with e-commerce as its flourishing segment, and successful innovation.

Suggested Citation

  • PURCAREA, Ioan Matei, 2022. "Digital Twins, Web3, Metaverse, Value Innovation and E-Commerce retail," Romanian Distribution Committee Magazine, Romanian Distribution Committee, vol. 13(3), pages 41-47, October.
    • Handle: RePEc:rdc:journl:v:13:y:2022:i:3:p:41-47
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    More about this item

    Keywords

    Digital twins; Web3; Metaverse; Value innovation; Retail market; e-commerce; Successful innovation;
    All these keywords.

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • M37 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Advertising
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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