The Hyundae Literary Award is a prestigious literary prize established in South Korea to recognize outstanding works in literature. It aims to promote and celebrate the contributions of writers in various genres, including poetry, fiction, and essays. The award is named after the Hyundae literary magazine, which has played a significant role in the Korean literary scene since its inception. Winners of the Hyundae Literary Award receive not only a monetary prize but also increased visibility for their work. The award has helped elevate the profiles of many authors, encouraging new voices in the literary community. It is considered one of the key awards in South Korea's literary landscape.