Abstract
We introduce the numerical spectrum of an (unbounded) linear operator on a Banach space and study its properties. Our definition is closely related to the numerical range of and always yields a superset of . In the case of bounded operators on Hilbert spaces, the two notions coincide. However, unlike the numerical range, is always closed, convex and contains the spectrum of . In the paper we strongly emphasise the connection of our approach to the theory of -semigroups.
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