Abstract: This disclosure covers a new methodology to produce high performance, high temperature, thermoset resins having shape memory characteristics based on cyanate ester resins. This methodology is based on pericyclic polycyclotrimerizations by utilizing a heretofore unknown polymerization mechanism based on equilibrium controlled condensation and cyclization. A mono-functional cyanate ester resin is reacted with at least one molecule terminated with a moiety containing an active hydrogen. One example of molecules with a moiety terminated with an active hydrogen are amine terminated dimethylsiloxane. The resulting compound is heated and reacted with a difunctional cyanate ester resin and cured. The Tg of the final Cyanate Ester SMP can be matched to specific requirements by adjusting the ratio of the previous said elements and/or the addition of other agents to adjust the physical properties of the final Cyanate Ester SMP.