Let AA be a unital . An element a∈Aa\in A is invertible if there exists b∈Ab\in A such that

ab=ba=1A.ab=ba=1_A.

The element bb is unique and is denoted a−1a^{-1}. The invertible elements form a group A×A^\times under multiplication. For a nonunital Banach algebra, internal invertibility is unavailable; spectral questions are instead formulated in the A~\widetilde A. In particular, for a∈Aa\in A, one tests whether λ1A~−a\lambda 1_{\widetilde A}-a is invertible in A~\widetilde A, rather than silently treating AA as unital.

Openness and the Neumann series

The group A×A^\times is open in AA, and inversion is continuous. If ∥1A−x∥<1\|1_A-x\|<1, then

x−1=∑n=0∞(1A−x)n.x^{-1}=\sum_{n=0}^{\infty}(1_A-x)^n.

More generally, if aa is invertible and ∥a−1(b−a)∥<1\|a^{-1}(b-a)\|<1, the same series shows that bb is invertible. Thus invertibility is stable under sufficiently small norm perturbations.

One-sided inverses

In a general Banach algebra, a left inverse need not be a right inverse. For example, the unilateral shift on a has a left inverse but no right inverse. The definition therefore requires both equations. In a commutative algebra the distinction disappears, but existence still depends on the ambient unital algebra.

Spectrum and resolvent

The spectrum of a∈Aa\in A is

σA(a)={λ∈C:λ1A−a∉A×},\sigma_A(a)=\{\lambda\in\mathbb C: \lambda 1_A-a\notin A^\times\},

and its complement is the . For nonunital AA, the same formula is evaluated in A~\widetilde A; consequently 00 belongs to the spectrum of every a∈Aa\in A. This convention makes spectra compatible with representations and functional calculus.

References
  1. Gerard J. Murphy, C-Algebras and Operator Theory*, Academic Press, 1990. DOI record. Relevant: §1.2 on invertibility, spectra, and resolvents.
  2. Theodore W. Palmer, Banach Algebras and the General Theory of -Algebras, Volume I*, Cambridge University Press, 1994. Publisher record. Relevant: Chapter 1 on unital Banach algebras and invertible elements.