中文摘要：

创业扶持是政府和社会提高新创企业存活率和绩效的重要手段。以浙江省9个地市15个孵化器内265家新创企业为研究对象,采用多元回归方法对政府补贴和网络构建两种创业扶持方式与新创企业绩效之间的关系进行了实证研究,并探讨了企业年龄在其中的调节作用。研究结果表明：（1）政府补贴与网络构建均对新创企业绩效存在正向影响;（2）企业年龄在其中分别起到负向和正向调节作用;（3）在设立初期,政府补贴对新创企业绩效的正向影响相比网络构建来说要更为显著,当企业成长到一定阶段后,这一关系会反转。

英文摘要：

Entrepreneurial sponsorship is an important mean which government and society use to increase the success rate and per- formance of new ventures. Based on the data of 9 cities, 15 incubator, 265 startups of Zhcjiang Province, we use multiple regression method to explore the relationship between two types of entrepreneurial sponsorship - government subsidies and network building - and new ventures performance, and analyze the moderating effect of organization age. The results reveals that ： （ 1 ） government subsidies and network building both have positive impact on new ventures performance ; （2） these two relationships are moderated by organization age, the former is negative, the latter is positive; 3）the positive effect of government subsidies is more significant than network building in the early time of firms are found, when firms grow to certain stage, this situation will reverse.