Research on Network Relationships and Collaborative Governance of Multiple stakeholders in Urban Renewal

As China's urbanization process steps from incremental expansion to stock renewal, urban renewal has emerged as a reasonable way to enhance land value, improve the living environment and achieve sustainable urban development. Nevertheless, there are intricate relationships among the multiple stakeholders engaged in urban renewal, which constitute a comprehensive and complex system. Whether it is possible to ensure their better interaction and realize the synergistic state within the system from the internal and external factors has become one of the difficult issue to address for the smooth implementation of urban renewal. This study analyses the power position of stakeholders in urban renewal through a single-mode social network. Additionally, based on the 21 collaborative relationship influencing factors identified by the Latent Dirichlet Allocation (LDA) theme model, we further construct a two-mode social network linking influencing factors and multiple stakeholders. Analyzing the characteristics of the relational network through assessments of node centrality, cohesive subgroup and the core-edge structure of the complex network, our study identifies the crucial factors influencing the collaborative relationships among stakeholders in urban renewal. Finally, the study establishes the improved collaborative governance mechanisms for multiple stakeholders in urban renewal in terms of information synergy and balanced spatial benefit allocation. This study can serve as a strategic guide for policymakers aiming to implement collaborative governance in urban renewal efforts, offering valuable insights into promoting collaborative cooperation among stakeholders in urban renewal and enhancing the comprehensive benefits of projects.