Trinidad and Tobago hosts MIT Sloan Business Students

 

April 08th, 2016

 

PORT–OF–SPAIN, TRINIDAD: The Tourism Development Company Limited (TDC) has partnered with the Trinidad Hotels, Restaurants & Tourism Association (THRTA) to host Professor Renée Richardson Gosline and a group of 28 students from the Massachusetts Institute of Technology (MIT) Sloan Community as they examined the value of behavioural science for Trinidad and Tobago’s emerging economy. 

An opportunity to examine how emerging economies may benefit from the behavioural science framework, the MIT Sloan students met with government representatives from select State enterprises from the creative, tourism and investment sectors, including representatives from: MusicTT, FilmTT, FashionTT, InvesTT and the Tourism Development Company who facilitated direct engagement with MIT team members. 

During their visit to the twin island Republic, the team studied Trinidad and Tobago’s history and development and proposed actionable solutions for underdeveloped economic and environmental areas. The MIT students looked at how Trinidad, developed by its oil production, can also embrace renewable energy sources and examined how behavioural science can be employed to encourage the use of sustainable energy without the population perceiving a loss. The group also looked at Trinidad and Tobago’s high food import bill and its implications for both health and disposable income. 

At the end of the study tour, the MIT class produced ideas and solutions and shared them with stakeholders. The group was also treated to a cultural reception hosted by the THRTA and the Tourism Development Company of Trinidad and Tobago. 

Professor Renée Richardson Gosline and her students also participated in an official MIT Sloan study tour to Cuba which they explored the business and cultural implications of renewed diplomatic relations between the United States and Cuba. 

 

 

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Dennise Demming, TDC Chairman, Professor Renée Richardson Gosline and representatives from MusicTT and InvestTT at the cultural reception hosted by the THRTA and the Tourism Development Company of Trinidad and Tobago.