In recent years, each level governments of China highlight peasants specialty cooperatives development and regard them as the important methods to promote agricultural modernization and to raise the income Of the peasants. and actively encourage peasants to develop specialty cooperatives. However, the development of the specialty cooperatives in the whole nation is not balanced. By reviewing the related documents of domestic and international researches on the factors Of effect on the farmer specialty cooperatives, this paper points out all factors of the effect on farmer specialty cooperative development, generalizes the consistent viewpoint and different standpoints, and evaluates the shortage of former researches in order to promote the progress of the theoretical research and practice in the farmer specialty cooperatives development.