Urban regime theory has shaped the urban politics research agenda in the United States for the past two decades. The article argues that urban regime theory draws on public and corporate behavior and strategies that were typical to the industrial era in the United States. As a result, the theory is insensitive to changes in institutional hierarchies, economic globalization, and the emergence of new types of actors and issues in urban politics. Urban governance theory conceptualizes agency more generically that allows the theory to travel better than urban regime theory in time and space.