Volkmann studied economics at Giessen University (Germany) and was a research associate while doing her PhD with support from Deutsche Lufthansa AG. She held leading positions in Corporate Development, Corporate Banking and Company Succession at Deutsche Bank. Volkmann was as a professor of Economics, Entrepreneurship and Management at the University of Applied Sciences, Gelsenkirchen. She was also managing director of the Institute for Entrepreneurship and Innovation. In 2005, she was awarded the UNESCO Chair of Entrepreneurship and Intercultural Management. Prof. Volkmann is a regular visiting professor at ASE Bukarest, Romania, where she established the Advanced MBA programme “Leadership and Innovation Management.” She is Chair of Entrepreneurship and Economic Development at the Schumpeter School of Business and Economics at Wuppertal University as well as the Institute for Entrepreneurship and Innovations Research. Her research and teaching activities focus on responsible entrepreneurship, entrepreneurial leadership, high growth entrepreneurship as well as economic and market development.