Metaverse adoption as a cornerstone for sustainable healthcare firms in the industry 5.0 epoch

Shehzad, Nazia, Ramtiyal, Bharti, Jabeen, Fauzia, Mangla, Sachin Kumar and Vijayvargy, Lokesh (2024) Metaverse adoption as a cornerstone for sustainable healthcare firms in the industry 5.0 epoch. Journal of Enterprise Information Management. ISSN 1741-0398 (In Press)

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Abstract

Purpose
This research looks into the revolutionary potential of Industry 5.0, healthcare, sustainability and the metaverse, with a focus on the transformation of healthcare firms through cutting-edge technologies such as artificial intelligence (AI) and Internet of Things (IoT). The study emphasizes the significance of sustainability, human-machine collaboration and Industry 5.0 in the development of a technologically advanced, inclusive and immersive healthcare system.

Design/methodology/approach
The study surveyed 354 medical professionals and used structural equation modeling (SEM) to investigate healthcare sustainability, Industry 5.0 and the metaverse, emphasizing the integration of modern technology while maintaining ethical issues.

Findings
The findings highlight Industry 5.0’s and the metaverse’s transformational potential in healthcare firms. The study finds that human centricity (HC) has only a minor direct impact on healthcare sustainability, whereas intelligent automation (IA) and innovation (INN) play important roles that are regulated by external factors.

Practical implications
Utilizing IA inside healthcare organizations can result in significant industrial advancements. However, these organizations must recognize the importance of moderating factors and attempt to find a balance between INN and thesev restraints.

Originality/value
This study makes a substantial contribution to the field by investigating the potential of Industry 5.0, healthcare, sustainability and the metaverse. It discusses how these advances can transform healthcare firms, with an emphasis on patient-centered treatment, environmental sustainability and data ethics. The study emphasizes the importance of having a thorough awareness of these trends and their implications for healthcare practices.

Item Type: Article
Keywords: Healthcare firms | Sustainability | Human centricity | Intelligent automation | Innovation | Moderation effects | Patient-centered care | Human-machine interaction | Economic dimension | Environmental dimension | Social dimension | Industry 5.0,
Subjects: Social Sciences and humanities > Business, Management and Accounting > Management Information Systems
Social Sciences and humanities > Business, Management and Accounting > Management of Technology and Innovation
Social Sciences and humanities > Social Sciences > Social Sciences (General)
JGU School/Centre: Jindal Global Business School
Depositing User: Subhajit Bhattacharjee
Date Deposited: 17 Jul 2024 05:41
Last Modified: 17 Jul 2024 05:42
Official URL: https://doi.org/10.1108/JEIM-10-2023-0559
URI: https://pure.jgu.edu.in/id/eprint/8117

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