Incubator or Science and Technology Park? Public or Private?

Institutional distances are mostly neglected while importing development means and tools into developing countries. This could be also observed in establishing Technology parks & Incubators in these countries. To fill the gap, Schumpeterian type I & II innovations has been used to differentiate clients of S & T Parks from Incubators. Also a Typology of four different institutional setting, namely Anglo-Saxon, Scandinavian, Deutsch & French has been proposed by means of which it is possible to bench and select among different funding & operating policies. Based on these classifications, It has been concluded that on the contrary with the current trend of establishing incubators in Iran, focus on Science & Technology Parks could be a more promising option. Difficulties in changing focus from Incubators to Parks are also discussed.