symmetric monoidal (∞,1)-category of spectra
A factorization algebra is an algebra over an operad where the operad in question is like the little disk operad, but with each disk embedded into a given manifold .
This way a factorization algebra is an assignment of a chain complex to each ball embedded in , and for each collection of non-intersecting embedded balls sitting inside a bigger embedded ball in a morphism
such that composition of such operations is suitably respected.
For a topological space write be the colored operad in Set whose
objects are the connected open subsets of ;
the hom-set is the singleton precisely if the are all in and are pairwise disjoint and is the empty set otherwise.
This specifies composition uniquely.
For a symmetric monoidal abelian category let be its endomorphism operad. A prefactorization algebra on with values in is an algebra over an operad over in , hence a morphism of operads
These definitions appear (here).
For a topological space and an open subset, a open cover is called a factorizing cover if for every finite set of points there is a finite subset of pairwise disjoint open subsets such that each point is contained in their union.
Every Hausdorff space admits a factorizing cover.
For a factorizing cover write for the set of finite subsets such that for we have .
Given a prefactorization algebra and write
and for write
For each there is a canonical morphism
A prefactorization algebra is called a factorization algebra if for every open subset and every factorizing cover the sequence
is an exact sequence.
These definitions appear here.
Let now specifically be a category of chain complexes.
A prefactorization algebra is a homotopy factorization algebra if for all factorizing covers the canonical morpshim
is a quasi-isomorphism, where the differential on the left is defined by (…).
This is the analogue of a descent condition for simplicial presheaves.
These definitions appear here.
Factorization algebras have some similarity with
This may be regarded as a slight variation on the concept chiral algebra originally introduced by Beilinson and Drinfeld.
A definition appears in section 4.1 Topological Chiral Homology of
There it is demonstrated how factorization algebras can be used to construct extended FQFTs.
Concrete constructions of formal algebras for familiar quantum field theories are described in
This can also be found mentioned in the talk notes of the Northwestern TFT Conference 2009, see in particular
notes by Christoph Wockel, Talk by Kevin Costello
notes by Evan Jenkins on the same talk: Factorization algebras in perturbative quantum gravity
More is at
There seems to be a close relation between the description of quantum field theory by factorization algebras and the proposal presented in
The relation of locally constant factorization algebras to higher order Hochschild homology is in
An (infinity,1)-category theoretic treatment of higher factorization algebras is in