In response to the growing interest in innovation performance within dynamic business landscapes, this study aims to fill the gap in comprehensive review studies by examining the factors influencing sustainable innovation performance. Employing a Systematic Review approach, this study elucidates the contributions of prior research and identifies key factors impacting sustainable innovation performance. Various software tools such as Publish/Perish, VOSviewer, and bibliometrics are utilized for the Systematic Review analysis. The research conducted searches in the Scopus scientific database, spanning articles from 1998 to 2023. The findings highlight four predominant themes: knowledge management, research and development, product innovation, and product development. This synthesis of literature provides valuable insights into the complex dynamics shaping sustainable innovation performance within evolving business contexts, facilitating further exploration and understanding in this research domain. This paper’s significance lies in its contribution to enhancing comprehension of the factors driving sustainable innovation performance, thereby aiding practitioners and scholars in navigating and leveraging innovation within contemporary business environments. It offers a foundation for the development of sustainable policies and practices in harnessing innovation to enhance business performance, addressing the ever-changing dynamics of the business environment effectively.