Semi-crystalline shape memory polymers (SMPs) show net two-way shape memory (2W-SM) behavior under constant stresses by the recoverable creep strain upon heating and stress-induced crystallization under the application of creep stress upon cooling. The applied constant stress is the key factor in this 2W-SM behavior. A core/shell structure is manufactured for the purpose of imparting a constant stress upon SMPs. An SMP in film or fiber form is dipped into a solution of an elastomer, photoinitiator, and curing agent and then dried out. After this dip coating process is repeatedly carried out, the SMP/elastomer core/shell composite is deformed into a temporary shape after being heated up above the transition temperature of the SMP. Under constant strain conditions, the composite is cooled down, after which the shell elastomer is cured using ultraviolet light. Then, the SMP/elastomer core/shell composite extends and contracts upon cooling and heating, respectively, without any external load. This cyclic deformation behavior is characterized, demonstrating that the current method offers a simple macroscopic processing technique to manufacture 2W-SM polymer composites.