Based on the perspective of Marx's labor value theory, this paper analyzes whether the labor in the cultural industry can create value, and comes to the conclusion that not the whole labor in the cultural industry can create value. At the same time, this paper deeply analyzes the current situation of China's cultural industry in value creation from the two aspects of self value creation and social value creation. On this basis, taking improving the value creation ability of living labor as the

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... ore, this paper constructs VAR model from the four aspects of scientific research investment, fixed asset investment, patent authorization and economic policy uncertainty, This paper studies its impact on the value creation ability of cultural industry. Although production factors such as science and technology, capital and human capital investment cannot create value, they have the ability to affect the value creation of the whole cultural industry.