The Pierce oscillator is a type of electronic oscillator particularly well-suited for use in piezoelectric crystal oscillator circuits. Named for its inventor, George W. Pierce (1872–1956),[1][2] the Pierce oscillator is a derivative of the Colpitts oscillator. Virtually all digital IC clock oscillators are of Pierce type, as the circuit can be implemented using a minimum of components: a single digital inverter, one resistor, two capacitors, and the quartz crystal, which acts as a highly selective filter element. The low manufacturing cost of this circuit and the frequency stability of quartz crystals make it advantageous for many consumer electronics applications.