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This book assesses whether East Asian higher education is providing research and innovation for growth and delivering its graduates with the skills necessary for productivity in the labor market. It also seeks to determine how higher education systems could be improved in order to deliver these outcomes. It features new data and diagnostic material to better understand labor markets, what skills firms want, and what skills graduates have; shows how countries can become more innovative; and describes in detail the key areas of reform needed for higher education to be a larger engine of East Asian growth. It will be of interest to policymakers, governments, academia, donors, NGOs, students, researchers, and lower- and middle-income countries looking to break the middle-income trap.