High performance semiconductor lasers are strongly demanded in the rapidly increasing optical communication networks. Low dimensional nanostructure lasers are expected to be substitutes of their quantum well (Qwell) counterparts in the next-generation of energy-saving and high-bandwidth telecommunication optical links. Many efforts have been devoted during the past years to achieve nanostructure lasers with broad modulation bandwidth, low frequency chirp, and reduced linewidth enhancement factor. Particularly, 1.55-μm InP-based quantum dash (Qdash)/dot (Qdot) lasers are preferable for long-haul transmissions in contrast to the 1.3-μm laser sources. In this dissertation, we investigate the dynamic characteristics of InPbased nanostructure se...