The oxetane-modified polysiloxane (OxePSiO) was synthesized via the partial hydrolysis/condensation of tetraethyl orthosilicate (TEOS) and then transesterification reaction with 3-ethyl-3-(hydroxymethyl)oxetane (EHO), and characterized by FT-IR, 1 H NMR, 13 C NMR, and 29 Si NMR spectroscopy. Using the water/ TEOS molar ratios of 0.8-1.2, the number-average molecular weights and polydispersity indices were obtained by GPC to range from 1.013 to 2.716 g mol À1 and around 2.0, respectively. The viscosity of Oxe-PSiO prepared from the water/TEOS molar ratio of 1.2 sharply increased to 177,545 cps from 438 cps of that from the molar ratio of 0.8. A series of cationic UV-curable formulations were prepared by blending the Oxe-PSiO synthesized with the water/TEOS molar ratio of 1.0 into an commercial oxetane-based resin, 3,3 0 -[oxydi(methylene)]bis(3-ethyloxetane), in different weight ratios. The photopolymerization kinetics studied by photo-DSC in the presence of triphenylsulphonium hexafluoroantimonate as a cationic photoinitiator showed that both the maximum photopolymerization rate and final oxetane conversion in the cured film decreased with increasing Oxe-PSiO loading mainly due to the sharp increase in viscosity. The DMTA and DSC results both indicated the improvement in thermal stability, showing 12 and 13.4 C, respectively, higher T g for the cured film with 50 wt % Oxe-PSiO loading compared with the pure polymer. Moreover, the temperatures (T 10% and T 50% ) at the weight loss of 10 and 50% and final char yields measured by TGA increased with increasing Oxe-PSiO content. After adding 50 wt % Oxe-PSiO, compared with the pure polymer the T 10% increased from 349 to 361 C, while the T 50% increased from 409 to 424 C, and with a char yield increase of 8.2% at 800 C. In addition, its greatly increased crosslinking density due to the formation of silica network resulted in the enhancement in pencil hardness from B of the pure polymer to 2H grade.