The living/controlled polymerisation techniques opened new vistas in polymer chemistry. The leading authorities in this field and its pioneers contributed chapters to this collective volume. The controlled polymerisation techniques have enabled preparation of polymers, copolymers, and block copolymers with predetermined molecular weights and narrow polydispersity, in which functional groups or biologically active molecules could be placed at well defined locations. They have also enabled preparation of advanced polymeric structures with precisely determined architectures and improved properties. Moreover, they have provided opportunities for preparation of novel polymeric materials from monomers, which before have not been suitable or accessible for such purposes. Properties of some of these polymeric materials may be significantly different from those of the existing ones. They provide opportunities for new applications. Several patents have already been approved for such speciality applications as, drug delivery, biocompatible surfaces, thermoplastic elastomers, moisture curable sealants, and so on. Many more products, based on polymers fabricated by the living/ controlled polymerisation techniques, will certainly emerge in such specialised areas as, nanotechnology, medical devices, "smart polymers", sensors , smart separation technologies, optical fibres and other optical applications, various biomaterials, etc.