Environmental innovation is an important variable in the study of strategic management. However, studies on the effect of environmental innovation have drawn different conclusions. In this study, we conducted a meta-analysis to reanalyze the relationship between environmental innovation and firms’ performance, based on 33 empirical studies, and we evaluated the moderating effects of the economic development level of a country, cultural background, industry diversity, and data types. The results showed that environmental innovation can positively promote both firms’ financial performance and environmental performance. In developed countries and Eastern culture, environmental innovation has a stronger effect on firms’ financial performance, and the effect of environmental innovation on environmental performance is stronger within the context of developing countries.

环境创新是战略管理研究中的一个重要变量。然而，关于环境创新效应的研究却得出了不同的结论。在本研究中，我们基于 33 项实证研究，对环境创新与企业绩效之间的关系进行了元分析，并评估了一个国家的经济发展水平、文化背景、产业多样性和数据类型。结果表明，环境创新可以积极促进企业的财务绩效和环境绩效。在发达国家和东方文化中，环境创新对企业财务绩效的影响更大，