Femtosecond spectroscopy studies of several thin conjugated polymer films a
nd solutions were performed in order to examine the gain/loss in the excite
d state. The excited state shows bimolecular interaction at distances highe
r than 10 nm between excitations. The ultrafast dynamics are consistent wit
h bimolecular dipole-diplole interaction, but a quantum delocalization of a
t least 5 nm has to be assumed. We show how the photoinduced absorption aff
ects the emission of light in long as opposed to short (thin film) optical
path configurations: the photoluminescence from thick sample spectrally ove
rlaps the net gain (stimulated emission minus photoinduced absorption). The
results show that the observed spectral narrowing occurs through amplified
spontaneous emission.