Why is blue sky research important?

Why is blue sky research important?

Blue-sky research has led to numerous applications resulting from serendipitous discoveries throughout the research process. These spin-off discoveries can be significant and have major implications for future research and innovation.

Why is it called Blue Sky Research?

‘Blue sky science’, sometimes known as ‘blue sky research’ or even just ‘basic research’, is the name given to scientific research undertaken in fields where the direct benefits and targets – both economic and practical – are either vague or completely unfixed.

What is a blue sky project?

Blue Sky Project is a 501-c3 not-for-profit conceived to create and distribute documentary films focused on underreported social issues—the issues that shape an open and enlightened society. Our films provide educational outcomes and contextualized history.

What is blue sky thinking?

What is blue-sky thinking? Blue sky thinking is a form of creative brainstorming. If there were absolutely no limits, no judgments and no consequences, where could your imagination take you? The sky’s the limit.

What is the significance of Project Blue Sky v Australian Broadcasting Authority?

In response to the standard announced by the ABA, New Zealand companies involved in the film and television industry, including Project Blue Sky, brought a suit in the federal court against the ABA alleging that the standard was invalid because of its inconsistency with the protocol, and that it affected the capacity …

What does Blue Sky mean in business?

Blue sky is an additional premium paid for goodwill, or the potential to make more money by adding services or products. When buying a business you should pay for the value of the business and not for “blue sky.” Valuing a business is part science, part art and part trust.

What is blue sky question?

phrase. Blue-sky thinking is the activity of trying to find completely new ideas. Some consultants are good at blue-sky thinking but cannot translate that into practical change. See full dictionary entry for thinking.

What is statutory interpretation in law?

“Statutory interpretation is an exercise which requires the court to identify. the meaning borne by the words in question in the particular context.” 17. 25. The courts look at the words in question and use principles of interpretation, which.

What is Ejusdem generis rule?

Ejusdem generis (ee-joose-dem gen-ris) is a Latin phrase that means “of the same kind.” The statutory and constitutional construction principle of “ejusdem generis” states that where general words or phrases follow a number of specific words or phrases, the general words are specifically construed as limited and apply …

Why basic research is important?

Basic research expands our knowledge and leads to innovation “It’s important for humanity to understand the world in which we live,” says Olesen. Basic research seeks answers to fundamental questions and provides broad insights to many different scientific fields.

What are the 3 purposes of research?

Three of the most influential and common purposes of research are exploration, description and explanation.

What is blue sky value?

The blue-sky value measures the entire intangible value of the dealership, including goodwill as well as the franchise value. To that value is added the value of the dealership’s tangible assets to arrive at the enterprise value.

Why is the sky blue question answer?

The Short Answer: Sunlight reaches Earth’s atmosphere and is scattered in all directions by all the gases and particles in the air. Blue light is scattered more than the other colors because it travels as shorter, smaller waves. This is why we see a blue sky most of the time.

Why is interpretation important in law?

The purpose of Interpretation of Statutes is to help the Judge to ascertain the intention of the Legislature – not to control that intention or to confine it within the limits, which the Judge may deem reasonable or expedient. The correct is one that best harmonises the words with the object of the statute.

Why is statutory interpretation important?

Statutory interpretation may be required where complexity and uncertainty arises as to how the law applies in a given situation. Those who draft legislation do their utmost within their extraordinary experience and drafting skills to craft legislation that is clear and unambiguous.

What is meant by Noscitur a Sociis?

Legal Definition of noscitur a sociis : a doctrine or rule of construction: the meaning of an unclear or ambiguous word (as in a statute or contract) should be determined by considering the words with which it is associated in the context.

What is in pari materia?

Legal Definition of in pari materia : on the same subject or matter : in a similar case. Note: It is a doctrine in statutory construction that statutes that are in pari materia must be construed together.

What is the purpose of applied research?

The purpose of applied research is to increase what is known about a problem with the goal of creating a better solution. This is in contrast to basic research, in which the primary purpose is to expand on what is known—knowledge—with little significant connections to contemporary problems.

What are the 5 importance of research?

Research generates novel ideas, builds credibility, develops understanding and analytical skill so a researcher could implement his or her guts to rationalize the work and build a better foundation for followers on the career field and so they could take the right decision at the right time without facing hurdles.