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Novikov conjeture is a famous open problem in Geometric topology.It predicts that higher signature is oriented-homotopy invariant.

http://en.wikipedia.org/wiki/Novikov_conjecture

I am a student interested in geometric topology.My question is:

What are the possible consequences of this famous conjecture? Thank you!

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    $\begingroup$ A plea to those who might want to close this: I think this is an interesting question which is of general interest. What are some implications of the Novikov Conjecture? $\endgroup$
    – Jim Conant
    Commented Nov 18, 2013 at 21:25

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The Novikov conjecture is known for some groups, and open for other groups. Often Novikov conjecture is implied by a more general conjecture (e.g. Borel, Farrell-Jones, or Baum-Connes) which in my amateur view are more intersting. All these conjectures are true e.g. for $G=\mathbb Z^n$, $n>4$ and in many other cases.

Out of those the Borel conjecture is the easiest to state, it says: a homotopy equivalence of closed $K(G,1)$ manifolds is homotopic to a homeomorphism. There is also a relative Borel conjecture: the homotopy equivalence of compact aspherical manifolds that is a homeomorphism on the boundary is homotopic to a homeomorphism.

Here is a common way in which the conjectures get used: obstructions to various topological problems lie in groups associated with $G$ such as the Whitehead group (is an h-cobordism trivial?), projective class group (can one attach a boundary to an open manifold?) etc, which vanish if the appropriate Novikov-type conjecture hold for $G$.

There is a friendly textbook "The Novikov conjecture'' by Kreck and Lueck which starts as a slow introduction and ends with a survey.

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    $\begingroup$ Also, a slightly stronger form of the Novikov conjecture would imply the "stable Borel conjecture" for aspherical manifolds (i.e., existence of homeomorphism of stabilizations of the manifolds). $\endgroup$
    – Misha
    Commented Nov 19, 2013 at 9:21

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