Further Directions
Dual to the theory of equivalences is the theory of dualities between the module categories, where the functors used are contravariant rather than covariant. This theory, though similar in form, has significant differences because there is no duality between the categories of modules for any rings, although dualities may exist for subcategories. In other words, because infinite dimensional modules are not generally reflexive, the theory of dualities applies more easily to finitely generated algebras over noetherian rings. Perhaps not surprisingly, the criterion above has an analogue for dualities, where the natural isomorphism is given in terms of the hom functor rather than the tensor functor.
Morita Equivalence can also be defined in more structured situations, such as for symplectic groupoids and C*-algebras. In the case of C*-algebras, a stronger type equivalence, called strong Morita equivalence, is needed to obtain results useful in applications, because of the additional structure of C*-algebras.
Read more about this topic: Morita Equivalence
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