Analyze Assignment Example | Topics and Well Written Essays - 500 words - 1

Analyze - Assignment Example In this regard, it becomes less expensive to settle sovereign debt and penetrate integrated financial markets (Figge, 2010). Similarly, currency unions also help to promote trade liberalization because of the uniformity in the exchange values. For instance, during global inflationary periods, countries worst hit do not suffer from financial losses when trading with their partners (Figge, 2010). However, challenges also occur due to currency unions, sovereign debts and integrated financial markets. For example, there is the loss of an independent monetary policy, which affects the moderation of demand stocks and curbing of inflation rates (Figge, 2010). This implies that a country may be unable to execute monetary policies during inflation because it might affect international trade. It is apparent that introducing other monetary policies might involve the formation of a central bank to oversee the process. Another disadvantage is that currency unions may have a negative influence on developing countries when making investment decisions (Figge, 2010). This is because it limits the budget of the developing countries that cannot raise the required funds to initiate investments in the developed economies. The evolution of money involves the development of a medium of exchange unit during transactions. The first transaction was barter trade, which entails trading goods and services for other similar commodities. This implies that one would exchange his goods with other goods he needs or suits his wants. One of the cons of this system is that it enabled people to get what they wanted easily. This is because the two parties would agree on the commodities to exchange without problems (Davies & Julian Hodge Bank, 2002). Alternatively, it faced the problem of double coincidence of requirements in which one party had to fulfill the wants of the other. For instance, a person who had goats and wanted grains would not do

Commercialisation Plan for Nano Tube Solar Panels Technology. It is Research Paper

Commercialisation Plan for Nano Tube Solar Panels Technology. It is one of the assignments for Innovation Management Topic - Research Paper Example Many devices have been developed for this from the ancient times itself; one of them is the solar panels, which is used to capture and convert solar energy into thermal energy. But the key challenge in solar panel technology is the identification of efficient and cost effective method to convert, store and use solar energy. This has encouraged the development of Nano Tube Solar Panels. It advanced solution to energy requirements, that too in a cost effective manner with a greater efficiency. Earlier silicon panels were used which used highly doped p-n junction in between two pure silicon crystals to form the panel. This panel was so difficult to make as it requires semi conducting material which is highly doped with phosphorous or arsenic to give its character and it should be grown between two pure silicon crystals at high temperature. This manufacturing process is very costly as well involves many risks. Also this type of panels has very high payback time and very short life span T here is a wide need for a change in the source of energy for public and private requirements. Government announces some energy conservation plans, of which one of them was â€Å"non conventional energy sources like recovering energy like solar energy should be used for lighting at public places like street lights traffic etc† (Jain 2009, p. 254). ... Carbon nano tubes are intrinsic p-type semi conducting material, usually made of titanium dioxide nano particles or rolled up sheet of graphene. Unlike in earlier version, in which sunlight is converted into electrons and utilized as electric current, here sunlight is made into nano particles, which can increase the efficiency by a larger means. According to Nanowelded Carbon Nanotubes: From Field-Effect Transistors to Solar Microcells Chongjin Chen, Yafei Zhang nanotubes are prepared by depositing organic films containing SWNTs on to a glass substrates coated with indium-tin oxide (ITO).As a final mix a sandwich configuration is made as Aluminum electrodes were thermally evaporated under vacuum to form a sandwich configuration. Because of the interaction of the carbon nanotubes with the polymer poly (3-octylthiophene) (P3OT), excitons generated by the light in the polymer allow charge separation of the photogenerated excitons in the polymer and efficient electron transport to the el ectrode through the nanotubes. The electrons travel through the entire nanotubes and then hop or tunnel to the next nanotubes. As a result of which electron mobility increases and balances the charge carrier transport to the electrodes. Here the composite’s conductivity is also increased by a factor of 10. This process can increase the photovoltaic performance, by increasing the photocurrent by more than two orders of magnitude and doubling the open circuit voltage. â€Å"Scientists now have a much better understanding of the complex interplay between the electronic and physical interaction polymer, and the fullerene component can assist in the design of the next generation of optimized organic solar cells† (Lau