The rationality of scientific concept formation in theory transitions,
challenged by the thesis of semantic incommensurability, can be resto
red by the Chains of Meaning approach to concept formation. According
to this approach, concepts of different, succeeding theories may be id
entified with respect to referential meaning, in spite of grave divers
ity of the mathematical structures characterizing them in their respec
tive theories. The criterion of referential identity for concepts is t
hat they meet a relation of semantic embedding, i.e. that the embeddin
g concept can be substituted by the embedded one in ''classical limit'
' situations. Three case studies from contemporary physics theories wi
ll be used to show that the Chains of Meaning approach not only yields
meaning comparisons for already established concepts (as for Newtonia
n and Schwarzschild mass) but is also well suited to characterize actu
al scientific strategies of concept formation in yet open cases such a
s black hole entropy or relativistic thermodynamics.