a process is described for the enzyme catalyzed synthesis of polymeric microspheres from monomers such as ethylphenol , naphthols and hydroxypyrenes in reverse micelles in the presence of a detergent . polymeric microspheres synthesized are porous with nonuniform densities . polymers prepared from naphthols and hydroxypyrenes are fluorescent with electroluminescent properties . a number of materials such as enzymes , drugs and inorganic materials such as iron oxide and cadmium sulfide are encapsulated in the hollow polymeric microspheres synthesized . these encapsulations are carried out during or after the syntheses of the polymeric microspheres . functional properties of the encapsulated materials such as enzyme , magnetic and nonlinear optical properties are demonstrated in the polymeric composites .