摘要
With the focus of urban regeneration gradually shifting to the community level, community regeneration has become an important path for improving residents' quality of life and the governance of grassroots society. How to innovate the governance model and how to improve the community public space utilization efficiency become vital questions. From the perspective of property rights regime, this paper puts forward the theoretical framework of “property rights regime-governance model-space utilization,” and argues that the property rights regime can be adjusted through the subdivision of property rights, which can change the governance model of public space and affect the space utilization efficiency. Through an in-depth investigation of the community regeneration of Shanghai KIC Garden, this study finds that different property rights regimes affect the process and results of collective action in public space governance, and the monocentric governance model formed by the concentration of governmental power can easily lead to the governance dilemmas such as rent-seeking, ineffective supervision, and information asymmetry. By subdividing and decentralizing property rights, social organizations, and community residents can be introduced to participate in the process of spatial governance, so as to facilitate the sinking of governance centers to the grassroots level and form a polycentric governance model. Moreover, multiple stakeholders can be motivated to make full use of public space through the property rights regime adjustment, and the public space utilization efficiency can be enhanced as a result.