This should work for you
<script type="text/javascript">
$(function() {
$('.tags_select a').click(function() {
$('#text_tag_input').val("");
var value = $(this).text();
var input = $('#text_tag_input').val(value);
return false;
});
});
</script>
<input id="text_tag_input" type="text" name="tags" />
<div class="tags_select">
<a href="#">text1</a>
<a href="#">text2</a>
<a href="#">text3</a>
</div>