As the figure below shows, the graph of the implicit function $$x^x=y^y,(x,y >0)$$ composes of a straight line and an arc, which of the two have an intersection point $P$.
How to find the coordinates $(x_p,y_p)$ of $P$? Does there exist a closed-form solution?

Let's use the following theorem from multivariable calculus:
Taking the function $f=x^x-y^y$ we see that the gradient at the intersection point of yours must be zero (it is impossible for a nonzero planar vector to be perpendicular to two linearly independent vectors simultaneously).
Solving the system $$\nabla f=\left(x^x(1+\log(x)),y^y(1+\log(y)) \right)= \mathbf{0} $$ gives $$x=y=\mathrm{e}^{-1}. $$