This article examines the extent to which institutions and entrepreneurial alertness influence and interact to improve the venture performance of female entrepreneurs. Having established instrument validity and reliability, hypotheses are tested using multiple regression analyses based on survey data from South African female entrepreneurs. Results reveal that it is the normative and cognitive institutional dimensions, rather than the regulatory dimension, which have an effect on venture performance. Several positive interaction results are also noted between entrepreneurial alertness and the different institutional factors in terms of their effect on performance. Development support agencies should encourage more female entrepreneurship by supporting evidence-based programs designed to foster higher levels of entrepreneurial alertness and provide a mix of institutional conditions that directly support female entrepreneurs. By linking an essential individual-level entrepreneurial factor (alertness) with institutions, the study widens the theoretical reach of these factors to the domain of female entrepreneurship in the South African context.

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关注南非的女性企业家：警觉性和机构对风险绩效的作用

本文考察了制度和企业家的警觉性在多大程度上影响和相互作用以提高女性企业家的创业绩效。在确定了工具的有效性和可靠性之后，使用基于南非女企业家调查数据的多元回归分析来检验假设。结果表明，对风险绩效产生影响的是规范和认知制度维度，而不是监管维度。就其对绩效的影响而言，企业家的警觉性与不同的制度因素之间也存在一些积极的相互作用结果。发展支持机构应通过支持旨在培养更高水平的创业警觉性并提供直接支持女性创业者的各种制度条件的循证计划来鼓励更多的女性创业。通过将基本的个人层面的创业因素（警觉性）与制度联系起来，该研究将这些因素的理论范围扩大到南非背景下的女性创业领域。