Our first main purpose is to establish a framework for initial value problems for time-fractional evolution equation of order in Banach space : Here is an -valued function defined in , and is an initial value. The operator satisfies a decay condition of resolvent which is the same as a generator of analytic semigroup. Based on -valued Laplace transforms, we establish a solution formula yielding the well-posedness for (*). In particular, we can directly treat a case over a bounded domain and a uniform elliptic operator . Our theory is feasibly applicable to other topics such as regularity of solutions, inverse problems and control problems.

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