The transformation of specialized markets is one of the governance challenges that must be addressed in urban regeneration. Based on the objectives of urban regeneration, this paper introduces the theory of adaptive governance to construct a theoretical framework for the adaptive transformation path of specialized markets. It purposes that the transformation of specialized markets adheres to a “goal-assessment-selection-implementation” process, which includes four basic models: upgrade, relocate, close and regulate, as well as three practical dimensions: geographical position, physical environment and operational model. It analyzes the phased evolutionary pattern of “decline-regulate-upgrade/relocate/close”, and points out that the transformation mechanism of specialized markets is an effective collaboration among multiple stakeholders. Taking two specialized markets in Guangzhou’s old town as case studies, it analyzes their adaptive transformation path and mechanism against the backdrop of urban regeneration, confirming the rationality of the theoretical framework, and discovers that positive interactions among different stakeholders have promoted the differentiated processes of upgrading or relocation.
SHEN Jing
,
LIU Yi-ying
,
WEI Cheng
. Adaptive transformation paths of specialized markets in urban regeneration: Taking specialized markets in old town of Guangzhou City as an example[J]. Urban Problems, 2024
, 349(8)
: 84
-93
.
DOI: 10.13239/j.bjsshkxy.cswt.240808
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