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Meanings of blue-sky in English

Blue-sky.

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          Usage of blue-sky in English
          1
          A blue-sky act to encourage proper investment and protect against fraudulent securities.
          The Progressive Democracy of James M. Cox
          2
          DOD isn't going to pony up for every blue-sky idea that floats by.
          Timescape
          3
          Better to go out with a bit of blue-sky, visionary thinking.
          The Irish Times
          4
          See, this is the sort of proactive blue-sky thinking missing at the FA.
          The Guardian
          5
          Is this what a blue-sky research agency is supposed to do?
          Wired
          6
          At Ireland's political HQs, blue-sky thinking is the norm, at least among poster designers.
          The Irish Times
          7
          In its explicit support for blue-skies research, it is a rare funding resource.
          The Guardian
          Blue-sky through the time