The rationality of scientific concept formation in theory transitions, challenged by the thesis of semantic incommensurability, can be restored by theChains of Meaning approach to concept formation. According to this approach, concepts of different, succeeding theories may be identified with respect to referential meaning, in spite of grave diversity of the mathematical structures characterizing them in their respective theories. The criterion of referential identity for concepts is that they meet a relation ofsemantic embedding, i.e. that the embedding concept can be (...) substituted by the embedded one in classical limit situations. Three case studies from contemporary physics theories will be used to show that the Chains of Meaning approach not only yields meaning comparisons for already established concepts (as for Newtonian and Schwarzschild mass) but is also well suited to characterize actual scientific strategies of concept formation in yet open cases such as black hole entropy or relativistic thermodynamics. (shrink)