Rules of the Czech Civil Code on Licence Agreements in theFramework of Cooperative Game Theory

Under the license agreement, the licensor provides the license in the agreed scope, and the licensee undertakes to pay agreed royalties or is entitled to use the license free of charge. Corporations administering on a long-term basis license agreements, concluded and/or renewed continuously before and after January 1, 2014, when the 2012 Czech Civil Code entered into force, must face on a daily basis, simultaneous application of two different regulation, as the agreements concluded previous to the above date are still governed by the former 1991 Commercial Code. The aim of the present paper is to compare the fundamental provisions of both regulations, at present simultaneously applicable, in terms of the practical impact and consequences of this specificity on the entrepreneurs and/or other entities administering license contracts. Subsequently it formulates recommendations aimed at mitigation of the difficulties that may result from this concurrent application by the subjects administering the license agreements. At the same time, the possibility of utilising inspirations and methods from the field of cooperative games theory, namely Nash bargaining problem, is presented.