The active laser medium is the source of optical gain within a laser. The gain results from the stimulated emission of photons through electronic or molecular transitions to a lower energy state from a higher energy state previously populated by a pump source.
Laser rods (from left to right): Ruby, Alexandrite, Er:YAG, Nd:YAG
Stimulated emission is the process by which an incoming photon of a specific frequency can interact with an excited atomic electron, causing it to drop to a lower energy level. The liberated energy transfers to the electromagnetic field, creating a new photon with a frequency, polarization, and direction of travel that are all identical to the photons of the incident wave. This is in contrast to spontaneous emission, which occurs at a characteristic rate for each of the atoms/oscillators in the upper energy state regardless of the external electromagnetic field.
Laser light is a type of stimulated emission of radiation.