In a paper I read that for a bounded domain $W^{s,p}(\Omega)=\{ u \in L^p(\Omega), (id-\Delta)^{s/2}u \in L^p(\Omega) \}$ and $s$ is not assumed to be an integer, $p \neq 2$ in general.
If $p=2$ the borelian calculus in Hilbert spaces allow to define $id-\Delta)^{s/2}$ so that I understant the definition of $W^{s,2}$.
How one can define the operator $(id-\Delta)^{s/2}$ when $p \neq 2$ ? Is there a borelian calculus in reflexive Banach spaces?
Respect to your question. No, i do not think there is an analogue of the continuous functional calculus in non-Hilbert spaces. Nevertheless you can still use holomorphic functional calculus. I think the most straightforward way of showing that $(id - \Delta)^{-\frac{s}{2}}$ is globally defined for $L^p(\Omega)$ is to use the following ''trick'':
You can check that the formula above holds in $L^2(\Omega)$ using functional calculus. It extends to $L^2 \cap L^p$ and, since $L^2 \cap L^p$ is dense in $L^p$, and the formula above define a bounded function in $L^2 \cap L^p$, it extends to he whole $L^p$.