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The famous BPK-paper guarantees that the inclusion of (strict) monoidal categories and strict monoidal functors into (strict) monoidal categories and lax monoidal functors has a left adjoint . Hence the category of lax monoidal functors is isomorphic to that of strict monoidal functors . Is there a known explicit construction of in this case? For instance, I know that when is the terminal monoidal category, then is the free monoidal category on a monoid, but I'd love to be able to compute more generally.
See this reply by Rune Haugseng for the more general case of lax functors of 2-categories (just specialise to the “single object” case).
Thanks, that does it!