  For a left action $S\overset{\lambda}{\curvearrowright}X$ of a cancellative right amenable monoid $S$ on a discrete Abelian group $X$, we construct its Ore localization $G\overset{\lambda^*}{\curvearrowright}X^*$, where $G$ is the group of left fractions of $S$; analogously, for a right action $K\overset{\rho}\curvearrowleft S$ on a compact space $K$, we construct its Ore colocalization $K^*\overset{\rho^*}{\curvearrowleft} G$. Both constructions preserve entropy, i.e., for the algebraic entropy $h_{\mathrm{alg}}$ and for the topological entropy $h_{\mathrm{top}}$ one has $h_{\mathrm{alg}}(\lambda)=h_{\mathrm{alg}}(\lambda^*)$ and $h_{\mathrm{top}}(\rho)=h_{\mathrm{top}}(\rho^*)$, respectively.   Exploiting these constructions and the theory of quasi-tilings, we extend the Addition Theorem for $h_{\mathrm{top}}$, known for right actions of countable amenable groups on compact metrizable groups, to right actions $K\overset{\rho}{\curvearrowleft} S$ of cancellative right amenable monoids $S$ (with no restrictions on the cardinality) on arbitrary compact groups $K$.   When the compact group $K$ is Abelian, we prove that $h_{\mathrm{top}}(\rho)$ coincides with $h_{\mathrm{alg}}(\hat{\rho})$, where $S\overset{\hat{\rho}}\curvearrowright X$ is the dual left action on the discrete Pontryagin dual $X=\hat{K}$, that is, a so-called Bridge Theorem. From the Addition Theorem for $h_{\mathrm{top}}$ and the Bridge Theorem, we obtain an Addition Theorem for $h_{\mathrm{alg}}$ for left actions $S\overset{\lambda}\curvearrowright X$ on discrete Abelian groups, so far known only under the hypotheses that either $X$ is torsion or $S$ is locally monotileable.   The proofs substantially use the unified approach towards entropy based on the entropy of actions of cancellative right amenable monoids on appropriately defined normed monoids. 
Ore localization of amenable monoid actions and applications towards   entropy $-$ addition formulas and the bridge theorem