Abstract. The paper aims at investigating how different approaches in the interaction among public institutions, (local) entrepreneurs and communities lead to better perform effective urban regeneration processes. At this aim, purposely selected urban regeneration programs undertaken in some neighbourhoods of Boston are discussed against a conceptual frame drawn from the civic economics theory, trying to unveil the potential of innovative forms of multiple actors' partnerships acting together to achieve urban regeneration goals. The paper demonstrates how both a conceptual shift of the role of private investors in partnerships for urban regeneration, capable to incorporate traditionally public-led goals into private duties, and a conceptual shift of public and private partnerships mechanisms, capable to incorporate not exclusively market-oriented values but also the value of reciprocity, can led to achieve: a) territorial concentration, obtained through place-based, community-based organisations enacting also central policies; b) continuity over time, obtained through the overlapping actions of multiplestakeholders organisations covering different goals and areas that complement each other.
Civic Economics and Urban RegenerationThe main goal of the paper is to demonstrate that innovative forms of partnerships involving public institutions, local entrepreneurs and communities can contribute to improve the outcomes, also in economic terms, of urban regeneration processes, by discussing a set of cases studies against the conceptual frame provided by the paradigm of civic economics. At this aim, purposely selected urban regeneration programs undertaken in some neighbourhoods of Boston are discussed against a conceptual frame drawn from the civic economics theory, by trying to unveil the potential of innovative forms of multiple actors' partnerships acting to achieve urban regeneration goals. The paper concludes that an added value does exist in those urban regeneration processes, that are able to activate a network of multiple stakeholders, including local entrepreneurs and communities. In so doing, it provides the larger planners and policy makers community with useful insights applicable to different international contexts.The conceptual frame implemented to discuss the role of the principal agents of urban regeneration, i.e. the market, the community and the public institutions, is drawn by the theory developed within the communitarian approach and in the public good thinking, possible alternatives to the capitalistic approach to the market economy. In the last decades a considerable numbers of economists and social policy theorists challenged the dominant intellectual paradigm in economic sciences, i.e. the capitalism. Some of them can be grouped in the communitarian wave, some others in the economics of public good one. The common root of all these movements is the question whether or not can the individual represents an adequate point of departure for the analysis of economic phenomena, lagging the community a...