Oxetanes, four-membered cyclic ethers, possess a high ring-strain and polar CO bonds. Thus, the ring-opening reaction of oxetanes, accompanying bond-formation reactions, is very useful for synthetic purposes. Since the oxetane ring is an important structural component of biologically active compounds, efficient and selective methods to synthesize the strained structure are currently active areas of research. The photochemical [2+2] cycloaddition reaction of carbonyl compounds with alkenes, so-called Paternò-Büchi (PB) reaction, was developed in 1909, and is currently one of the most widely used methods for oxetane synthesis. In this review article, recent developments of the selective formation of oxetane are summarized. Methods that allow us to control the regioselectivity and stereoselectivity in the formation of synthetically important oxetanes will be described.
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