Virtual Reality in China: Is There a Sustainable Business Model for Virtual Reality Content Enterprises?

This paper provides a micro-perspective on the business activity of VR content production in China’s digital creative industries. It is based on two case studies in the form of semi-structured interviews with the founders of Pinta studios and Sandman studios. Questions concerning the development of...

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Main Author: Shan Yu
Format: Article
Language:English
Published: Sciendo 2019-12-01
Series:Cultural Science
Subjects:
Online Access:https://doi.org/10.5334/csci.123
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author Shan Yu
author_facet Shan Yu
author_sort Shan Yu
collection DOAJ
description This paper provides a micro-perspective on the business activity of VR content production in China’s digital creative industries. It is based on two case studies in the form of semi-structured interviews with the founders of Pinta studios and Sandman studios. Questions concerning the development of sustainable VR content production in China are raised. This article employs the framework of business model canvas (BMC) to describe and analyse business models by exploring the dynamics and initiatives of VR content enterprises from 2016 to 2019. Research with Chinese VR content enterprises provides an opportunity to rethink many of the opportunities and challenges confronting Chinese VR content creators as they seek to implement this disruptive technology to engage consumers and adapt to the huge market in the future. Based on fieldwork research for these two case studies, exploring the dynamics and initiatives in the process of VR content production in China, the article finds that the need for specific and sustainable business models for VR enterprises represents a significant challenge. The paper concludes with some comments on the acquisition of ‘open literacy’, this time at enterprise level.
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spelling doaj-art-ae369cfbb160443a89753584e98077b42025-02-10T13:26:37ZengSciendoCultural Science1836-04162019-12-01111546710.5334/csci.123115Virtual Reality in China: Is There a Sustainable Business Model for Virtual Reality Content Enterprises?Shan Yu0Queensland University of Technology, BrisbaneAUThis paper provides a micro-perspective on the business activity of VR content production in China’s digital creative industries. It is based on two case studies in the form of semi-structured interviews with the founders of Pinta studios and Sandman studios. Questions concerning the development of sustainable VR content production in China are raised. This article employs the framework of business model canvas (BMC) to describe and analyse business models by exploring the dynamics and initiatives of VR content enterprises from 2016 to 2019. Research with Chinese VR content enterprises provides an opportunity to rethink many of the opportunities and challenges confronting Chinese VR content creators as they seek to implement this disruptive technology to engage consumers and adapt to the huge market in the future. Based on fieldwork research for these two case studies, exploring the dynamics and initiatives in the process of VR content production in China, the article finds that the need for specific and sustainable business models for VR enterprises represents a significant challenge. The paper concludes with some comments on the acquisition of ‘open literacy’, this time at enterprise level.https://doi.org/10.5334/csci.123virtual realitybusiness modelsbusiness model canvascontent productionchina
spellingShingle Shan Yu
Virtual Reality in China: Is There a Sustainable Business Model for Virtual Reality Content Enterprises?
Cultural Science
virtual reality
business models
business model canvas
content production
china
title Virtual Reality in China: Is There a Sustainable Business Model for Virtual Reality Content Enterprises?
title_full Virtual Reality in China: Is There a Sustainable Business Model for Virtual Reality Content Enterprises?
title_fullStr Virtual Reality in China: Is There a Sustainable Business Model for Virtual Reality Content Enterprises?
title_full_unstemmed Virtual Reality in China: Is There a Sustainable Business Model for Virtual Reality Content Enterprises?
title_short Virtual Reality in China: Is There a Sustainable Business Model for Virtual Reality Content Enterprises?
title_sort virtual reality in china is there a sustainable business model for virtual reality content enterprises
topic virtual reality
business models
business model canvas
content production
china
url https://doi.org/10.5334/csci.123
work_keys_str_mv AT shanyu virtualrealityinchinaisthereasustainablebusinessmodelforvirtualrealitycontententerprises