Christian Schierenbeck makes a provocative case that higher education across the globe suffers from a profound productivity crisis which prevents broad access to affordable and high-quality educational services. He shows how the vast productivity gap in higher education could be closed if academic managers borrowed some of the managerial practices applied by the world’s leading business enterprises. In order for this to happen in practice, the author argues for radical changes in the policy framework for higher education. Contents: Higher Education.- Productivity Gap.- Management Practices.- Policy Framework.- Educational Impact.- Educational Costs.   Target Groups: Researchers and students in the fields of management, economics, and higher education; academic managers and policymakers in higher education.   About the Author: Dr. Christian Schierenbeck completed his doctoral thesis under the supervision of Professor Dr. Bernd Rolfes at the Chair of Banking and Finance at the University of Duisburg-Essen. Prior to enrolling as a Ph.D. student, he had served as an associate and project manager in the New York, Cologne, and Rio de Janeiro offices of an international management consultancy. Contents: Higher Education.- Productivity Gap.- Management Practices.- Policy Framework.- Educational Impact.- Educational Costs.   Target Groups: Researchers and students in the fields of management, economics, and higher education; academic managers and policymakers in higher education.   About the Author: Dr. Christian Schierenbeck completed his doctoral thesis under the supervision of Professor Dr. Bernd Rolfes at the Chair of Banking and Finance at the University of Duisburg-Essen. Prior to enrolling as a Ph.D. student, he had served as an associate and project manager in the New York, Cologne, and Rio de Janeiro offices of an international management consultancy.