The Fear of Missing Out (FoMO): Theoretical Approach and Measurement in Organizations

The Fear of Missing Out (FoMO): Theoretical Approach and Measurement in Organizations

Evren Dinçer, Muhammet Saygın, Himmet Karadal
DOI: 10.4018/978-1-7998-9187-1.ch028
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Abstract

Competitiveness, innovation, and constant change have become indispensable elements in today's transition from an industrial society to information society. Internet technologies, which are constantly renewing themselves depending on globalization, have increased the tendency of promotion, sharing, and following. Social networks have become an important part of our lives as a result of the continuous developments in internet-based applications and mobile devices in the world of fiber networks. FoMO emerges as an interdisciplinary phenomenon expressing individuals' awareness of virtual environment. Accordingly, individuals tend to be constantly aware of the changes around them through social media. Individuals, who constantly update and monitor with their mobile devices, spend a long time on social networks and create their own virtual worlds. The FoMO is closely related with psychological, behavioral, and social issues. In the research, in addition to the theoretical background of FoMO, measurement scales and managerial inferences for the organizations have been discussed.
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Research Methodology

This research aims to present a theoretical approach for the term of fear of missing out. In order to analyze the indicated term, theoretical literature review method was preferred. The literature review dealing with scientific sources being pertinent to a problem or a specific idea, includes critical analysis which summarizes and synthesizes the source materials including the interrelations between researches. Literature analysis is commonly used in interdisciplinary fields. Although there are types of literature review such as argumentative one which is examining the literature selectively studies material to support or disprove an argument or integrative, historical, methodological, systematic ones (Universitas Alabama, 2020), the chapter focuses on theoretical review type of literature analysis which not only aiming at analyzing the main corpus of a theory but also helping the clarify the existing theories and previously studied relationships between theories and their investigation degrees.

Key Terms in this Chapter

Nomophobia: A psychological disorder when someone is away from mobile phone connectivity and internet connection.

Netlessphobia: A phenomenon expressing the situation when someone is away internet connection.

Self-Esteem: It is the overall subjective sense of personal worth or value and express the situation that someone feels about his/her abilities and limitations.

Scaling: The practice of assessing or ranking items in terms of quantitative or qualitative ways.

Fear of Missing Out: It is a phenomenon related with various addictions (e.g., smartphone, social media, etc.) causing significant stress and anxiety.

Sampling: It is a frequently used methods in social sciences defining the process of choosing a small number of group from a larger group that is population.

Social Network: Online platforms in which individuals can share and follow various contents.

Smartphone: Mobile phone that is used to perform many various tasks through the applications downloaded.

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