This will be a very "light" talk: I will explain why about 13 years ago, in order to have a say on some problems in knot theory, I've set out to find tangle invariants with some nice compositional properties. In my second talk in Bonn I will explain how such invariants were found - though they are yet to be explored and utilized.
See also: http://www.math.toronto.edu/~drorbn/Talks/Bonn-200120/ [4]
Links:
[1] http://www.mpim-bonn.mpg.de/taxonomy/term/39
[2] http://www.mpim-bonn.mpg.de/node/3444
[3] http://www.mpim-bonn.mpg.de/TopologySeminar
[4] http://www.math.toronto.edu/%7Edrorbn/Talks/Bonn-200120/