This paper introduces a novel analysis of the classic quot;persistence of leadershipquot; question, and applies it to a newly constructed dataset for Japanese manufacturing. The analysis rests on an appeal to an empirical quot;scaling relationshipquot; between current market share and the...

This article explores the persistence of market leadership in Japanese manufacturing industries over the period 1975-2004. By applying survival data techniques, we examine how long market leadership persists and how the duration of market leadership varies according to industry-specific...