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Purpose

The purpose of this article is to highlight new directions that are needed in family business research particularly in light of the covid-19 pandemic and changing societal conditions.

Design/methodology/approach

This editorial is a review of the main issues discussed in the special journal issue regarding family businesses at the macro, meso and micro level. This approach enables a better understanding about the future research and practical implications for family business in the new economy characterised by substantial changes resulting from the covid-19 pandemic.

Findings

The findings suggest that family business studies need to incorporate new industry and societal contexts that have not previously been examined in sufficient detail in family business studies. This includes focusing more on the sport industry that is characterised by many family businesses.

Originality/value

This editorial for the special journal issue is amongst the first to discuss the role of the covid-19 crisis in impacting family business.

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