Authors :
Ekaette, Glory Edem; Ugonna Obi-Emeruwa; Ayasal Anthony Auya; Biodun Bukky Ogundipe
Volume/Issue :
Volume 11 - 2026, Issue 3 - March
Google Scholar :
https://tinyurl.com/66rwfh9u
Scribd :
https://tinyurl.com/4vy4use3
DOI :
https://doi.org/10.38124/ijisrt/26mar1589
Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.
Abstract :
The metaverse is emerging as a novel digital frontier with significant global implications for entrepreneurship,
innovation, and higher education. However, empirical evidence on its entrepreneurial potential within universities in
developing countries remains limited. This study investigates Nigerian universities’ metaverse-enabled digital
entrepreneurship, focusing on institutional readiness, entrepreneurial opportunities, and policy implications. The study uses
a mixed-methods research methodology that is informed by the Triple Helix framework, integrating survey data from
students and academic staff across selected Nigerian universities with qualitative insights from interviews that are semistructured. Regression, correlation, and descriptive statistics were used to analyse quantitative data, while theme analysis
was used to evaluate qualitative data analysis. The result showed that although students demonstrate high levels of digital
readiness and entrepreneurial interest, institutional preparedness for metaverse adoption remains moderate, constrained
by infrastructural deficits, limited policy awareness, and weak industry linkages. Significant positive relationships were
observed between policy awareness, digital infrastructure, and entrepreneurial intentions within metaverse-enabled
environments. The study further identifies emerging entrepreneurial opportunities in virtual education services, digital
content creation, and immersive business models, alongside persistent challenges related to regulatory uncertainty and
funding constraints. This research advances digital entrepreneurship. literature by offering context-specific evidence from
Nigerian universities and highlights the need for coordinated policy frameworks, institutional reforms, and university–
industry collaboration to harness metaverse-driven entrepreneurial growth.
Keywords :
Metaverse, Digital Entrepreneurship, Higher Education Institutions, Innovation Policy, Nigeria.
References :
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The metaverse is emerging as a novel digital frontier with significant global implications for entrepreneurship,
innovation, and higher education. However, empirical evidence on its entrepreneurial potential within universities in
developing countries remains limited. This study investigates Nigerian universities’ metaverse-enabled digital
entrepreneurship, focusing on institutional readiness, entrepreneurial opportunities, and policy implications. The study uses
a mixed-methods research methodology that is informed by the Triple Helix framework, integrating survey data from
students and academic staff across selected Nigerian universities with qualitative insights from interviews that are semistructured. Regression, correlation, and descriptive statistics were used to analyse quantitative data, while theme analysis
was used to evaluate qualitative data analysis. The result showed that although students demonstrate high levels of digital
readiness and entrepreneurial interest, institutional preparedness for metaverse adoption remains moderate, constrained
by infrastructural deficits, limited policy awareness, and weak industry linkages. Significant positive relationships were
observed between policy awareness, digital infrastructure, and entrepreneurial intentions within metaverse-enabled
environments. The study further identifies emerging entrepreneurial opportunities in virtual education services, digital
content creation, and immersive business models, alongside persistent challenges related to regulatory uncertainty and
funding constraints. This research advances digital entrepreneurship. literature by offering context-specific evidence from
Nigerian universities and highlights the need for coordinated policy frameworks, institutional reforms, and university–
industry collaboration to harness metaverse-driven entrepreneurial growth.
Keywords :
Metaverse, Digital Entrepreneurship, Higher Education Institutions, Innovation Policy, Nigeria.