In the pre‐COVID period, the restaurant industry had significantly grown in India in the past decade due to rapid urbanization and modernization. In the post‐COVID period, the small restaurant entrepreneurs are fighting for their survival due to the lack of funds, a shift in the consumers' behaviour and perception, and negative cash flows. It has led to the closure of restaurants, loss of employment, and adversely affected the allied industries. The small restaurant entrepreneurs are exploring some new opportunities amid the crisis and adopting innovative approaches, technological and digital interventions to meet the consumers' need for a contact‐less dining experience. However, a joint effort on the part of entrepreneurs and government bodies will facilitate and fuel the restaurant industry's growth again.
In the age of the fourth industrial revolution, the metaverse is creating new waves in the world of internet technology and is promising to provide even better and more immersive ways to interact with other people. Metaverse will further lead to the intertwining of the physical and virtual lives. It will create a virtual environment that allows users to interact in virtual spaces and allow the selling and purchasing of virtual goods. These transformations will pose new challenges and risks for the users, players, and owners of the metaverse platforms. This would require the regulators and policymakers to look closely at the issues such as intellectual property rights (IPRs). The main objective of this study is to research the opportunities and challenges that the metaverse will present for IPRs and to examine the IPRs issues related to the metaverse in the Indian context.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.