Literary prizes and awards play a significant role in recognizing and promoting exceptional writing by bringing attention to outstanding works, authors, and genres. These accolades can help elevate lesser-known authors and books to a wider audience, increasing their visibility and credibility in the literary world. Additionally, winning a prestigious literary prize can lead to increased book sales, critical acclaim, and opportunities for the author to reach new readers and markets. Furthermore, these awards can also influence the publishing industry, shaping trends and preferences in literature. Overall, literary prizes and awards serve as a valuable tool in celebrating and supporting exceptional writing talent.