1. Specific objective

Regulation (EU) No 1291/2013 of the European Parliament and of the Council of 11 December 2013 establishing Horizon 2020 - the Framework Programme for Research and Innovation (2014-2020) and repealing Decision No 1982/2006/EC Text with EEA relevance · European Union

The specific objective is to fully exploit the potential of Europe's talent pool and to ensure that the benefits of an innovation-led economy are both maximised and widely distributed across the Union in accordance with the principle of excellence. Despite a recent tendency for the innovation performances of individual countries and regions to converge, sharp differences among Member States still remain. Furthermore, by putting national budgets under constraint, the current financial crisis is threatening to widen gaps. Exploiting the potential of Europe's talent pool and maximising and spreading the benefits of innovation across the Union is vital for Europe's competitiveness and its ability to address societal challenges in the future.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-03 · Text as adopted (Official Journal); later amendments are not incorporated in this text.