Abstract: As a product of the human knowledge’s discipline standardization dominated by the modern cognitive rationality,literary theory has special regulations on the basis of knowledge production,which determines the double value validity of the knowledge production in literary theory.On the one hand,knowledge producer’s value judgment and pursuit provide an indispensable “intellectual”quality and creative character to the knowledge production,and make the literary experience become theory discourse.On the other hand,it participates in the composition of knowledge forms in literary theory,and guarantees humanities intention of the related knowledge production.Correct understanding of the knowledge production is an important theoretical premise,which can promote the level of literary theory’s construction.

Key words: Value, Literary Theory, Knowledge Production, Globalization