Alkyne terminated polybutadiene with urethane segments (PUPB), a well‐controlled macromolecule, is synthesized with a two‐step routine and characterized by 1H NMR, IR spectroscopy as well as gel permeation chromatograph. Alkyne terminated polybutadiene without urethane segments (PTPB) is also synthesized and characterized. The two alkyne terminated polybutadiene are cured to generate corresponding polytriazoles. It is found that the mechanical properties of PUPB based polytriazoles are superior to that of PTPB. The fractured surfaces of PTPB based polytriazoles exhibit smooth microstructures whereas PUPB based polytriazoles show the rough microstructures. The atomic force microscopy images reveal well‐established microphase‐separated morphology in polytriazoles with the promotion of urethane segments. Thus, the strong hydrogen bonding interaction existed in urethane has a remarkable effect on the morphology and then the mechanical properties of the as‐prepared polytriazoles. In addition, dioctyl sebacate can serve as an excellent plasticizer to PUPB based polytriazoles, lowering the glass transition temperature (Tg) and improving the ductility. © 2017 Wiley Periodicals, Inc. J. Appl. Polym. Sci. 2017, 134, 45178.