The Impact of the Sociological Role of the Stakeholder on the Sustainability of the Economic Benefits of Cultural Heritage Transformation

the Cockatoo Island as an Example

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Abstract

Waterfront cultural heritage has unique historical, scientific, social and aesthetic values that can provide an excellent platform and starting point for urban design. The Cockatoo Island has significant differences in these values, which make it complex and contradictory in the subsequent tourism-oriented transformation, and even create a certain value mismatch. Combined with its rich history of colonialism, prisoner history, social class and other complex issues, as well as its recent financial crisis, it is a worthy case study. This paper analyzes the factors affecting the sustainability of the economic reproduction of the Cockatoo Island at the political stakeholder level and the related sociological level to explore the relationship between government involvement and the properties of cultural heritage itself.

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