We report on the nonlinear laserlike emission from semiconductor microcavit
ies in the strong coupling regime; Under resonant continuous wave excitatio
n we;observe a highly emissive state. The energy, dispersion, and spatial e
xtent of this state is measured and is found to be dispersionless and spati
ally localized. This state coexists with luminescence that follows the usua
l cavity-polariton dispersion. It is attributed to the amplification of lum
inescence by a parametric gain due to cavity-polariton scattering. Despite
the resonant excitation at 1.6 K, we observe no sign of Bose-Einstein conde
nsation nor Boser action.