Why do companies operating within the pharmaceutical and biotechnology companies typically sustain higher ROIC's than firms in the technology, hardware and equipment industries? What type of business, a software company or an electric utility, would b

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Why do companies operating within the pharmaceutical and biotechnology companies typically sustain higher ROIC's than firms in the technology, hardware and equipment industries? What type of business, a software company or an electric utility, would benefit more from increasing ROIC than from increasing growth? Why?

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