In the field of mathematics known as functional analysis, the **invariant subspace problem** is a partially unresolved problem asking whether every bounded operator on a complex Banach space sends some non-trivial closed subspace to itself. Many variants of the problem have been solved, by restricting the class of bounded operators considered or by specifying a particular class of Banach spaces. The problem is still open for separable Hilbert spaces (in other words, all the examples found of operators with no non-trivial invariant subspaces act on Banach spaces which are not separable Hilbert spaces).

The problem seems to have been stated in the mid-1900s after work by Beurling and von Neumann,^{[1]} who found (but never published) a positive solution for the case of compact operators. It was then posed by Paul Halmos for the case of operators such that is compact. This was resolved affirmatively, for the more general class of polynomially compact operators (operators such that is a compact operator for a suitably chosen non-zero polynomial ), by Allen R. Bernstein and Abraham Robinson in 1966 (see Non-standard analysis § Invariant subspace problem for a summary of the proof).

For Banach spaces, the first example of an operator without an invariant subspace was constructed by Per Enflo. He proposed a counterexample to the invariant subspace problem in 1975, publishing an outline in 1976. Enflo submitted the full article in 1981 and the article's complexity and length delayed its publication to 1987^{[2]} Enflo's long "manuscript had a world-wide circulation among mathematicians"^{[1]} and some of its ideas were described in publications besides Enflo (1976).^{[3]} Enflo's works inspired a similar construction of an operator without an invariant subspace for example by Beauzamy, who acknowledged Enflo's ideas.^{[2]}

In the 1990s, Enflo developed a "constructive" approach to the invariant subspace problem on Hilbert spaces.^{[4]}

Formally, the **invariant subspace problem** for a complex Banach space of dimension > 1 is the question whether every bounded linear operator has a non-trivial closed -invariant subspace: a closed linear subspace of , which is different from and from , such that .

A negative answer to the problem is closely related to properties of the orbits . If is an element of the Banach space , the orbit of under the action of , denoted by , is the subspace generated by the sequence . This is also called the -cyclic subspace generated by . From the definition it follows that is a -invariant subspace. Moreover, it is the *minimal* -invariant subspace containing : if is another invariant subspace containing , then necessarily for all (since is -invariant), and so . If is non-zero, then is not equal to , so its closure is either the whole space (in which case is said to be a cyclic vector for ) or it is a non-trivial -invariant subspace. Therefore, a counterexample to the invariant subspace problem would be a Banach space and a bounded operator for which every non-zero vector is a cyclic vector for . (Where a "cyclic vector" for an operator on a Banach space means one for which the orbit of is dense in .)

While the case of the invariant subspace problem for separable Hilbert spaces is still open, several other cases have been settled for topological vector spaces (over the field of complex numbers):

- For finite-dimensional complex vector spaces of dimension greater than two every operator admits an eigenvector, so it has a 1-dimensional invariant subspace.
- The conjecture is true if the Hilbert space is not separable (i.e. if it has an uncountable orthonormal basis). In fact, if is a non-zero vector in , the norm closure of the linear orbit is separable (by construction) and hence a proper subspace and also invariant.
- von Neumann showed
^{[5]}that any compact operator on a Hilbert space of dimension at least 2 has a non-trivial invariant subspace. - The spectral theorem shows that all normal operators admit invariant subspaces.
- Aronszajn & Smith (1954) proved that every compact operator on any Banach space of dimension at least 2 has an invariant subspace.
- Bernstein & Robinson (1966) proved using non-standard analysis that if the operator on a Hilbert space is polynomially compact (in other words is compact for some non-zero polynomial ) then has an invariant subspace. Their proof uses the original idea of embedding the infinite-dimensional Hilbert space in a hyperfinite-dimensional Hilbert space (see Non-standard analysis#Invariant subspace problem).
- Halmos (1966), after having seen Robinson's preprint, eliminated the non-standard analysis from it and provided a shorter proof in the same issue of the same journal.
- Lomonosov (1973) gave a very short proof using the Schauder fixed point theorem that if the operator on a Banach space commutes with a non-zero compact operator then has a non-trivial invariant subspace. This includes the case of polynomially compact operators because an operator commutes with any polynomial in itself. More generally, he showed that if commutes with a non-scalar operator that commutes with a non-zero compact operator, then has an invariant subspace.
^{[6]} - The first example of an operator on a Banach space with no non-trivial invariant subspaces was found by Per Enflo (1976, 1987), and his example was simplified by Beauzamy (1985).
- The first counterexample on a "classical" Banach space was found by Charles Read (1984, 1985), who described an operator on the classical Banach space with no invariant subspaces.
- Later Charles Read (1988) constructed an operator on without even a non-trivial closed invariant
*subset*, that is that for every vector the*set*is dense, in which case the vector is called hypercyclic (the difference with the case of cyclic vectors is that we are not taking the subspace generated by the points in this case). - Atzmon (1983) gave an example of an operator without invariant subspaces on a nuclear Fréchet space.
- Śliwa (2008) proved that any infinite dimensional Banach space of countable type over a non-Archimedean field admits a bounded linear operator without a non-trivial closed invariant subspace. This completely solves the non-Archimedean version of this problem, posed by van Rooij and Shikhof in 1992.
- Argyros & Haydon (2009) gave the construction of an infinite-dimensional Banach space such that every continuous operator is the sum of a compact operator and a scalar operator, so in particular every operator has an invariant subspace.