Organizational Adoption of XBRL

XBRL is an emerging innovation that has the potential to play an important role in the electronic production and consumption of financial information. Since the organizational adoption of XBRL is not well understood, we use an exploratory approach grounded in qualitative data to provide an analysis of the reasons for its relatively limited uptake in Australia. Our analysis synthesises a technology-organization-environment adoption model that explains the XBRL innovation outcome in this context. The research confirms the usefulness of this approach for studying network innovations in electronic business and markets, and extends it to a novel innovation domain. It adds a new dimension to such studies by emphasizing the interactions that occur between innovation adoption factors in the diffusion of complex network innovations. The research also has implications for policy-makers and adoption decision-makers in Australia and other similar contexts.

[1]  Michael Potter,et al.  Adoption of computer aided software engineering (CASE) technology: an innovation adoption perspective , 1995, DATB.

[2]  Lyne Bouchard,et al.  Decision Criteria in the Adoption of EDI , 1993, ICIS.

[3]  James Y. L. Thong,et al.  An Integrated Model of Information Systems Adoption in Small Businesses , 1999, J. Manag. Inf. Syst..

[4]  Izak Benbasat,et al.  Electronic Data Interchange and Small Organizations: Adoption and Impact of Technology , 1995, MIS Q..

[5]  K. Ramamurthy,et al.  Determinants of EDI adoption in the transportation industry , 1997 .

[6]  Indrit Troshani,et al.  XBRL: a research note , 2004 .

[7]  Peter E. D. Love,et al.  Information and communication technology in the stockbroking industry: an evolutionary approach to the diffusion of innovation , 2004, Ind. Manag. Data Syst..

[8]  Kenneth L. Kraemer,et al.  Electronic business adoption by European firms: a cross-country assessment of the facilitators and inhibitors , 2003, Eur. J. Inf. Syst..

[9]  Margaret Y. Smith.  A model of the linked adoption of complementary technologies , 2004 .

[10]  Roger Debreceny,et al.  The production and use of semantically rich accounting reports on the Internet: XML and XBRL , 2001, Int. J. Account. Inf. Syst..

[11]  C. Shapiro,et al.  Technology Adoption in the Presence of Network Externalities , 1986, Journal of Political Economy.

[12]  Helle Zinner Henriksen,et al.  Networked information technologies: diffusion and adoption , 2004 .

[13]  I. Fillis,et al.  Factors impacting on e‐business adoption and development in the smaller firm , 2004 .

[14]  J. Novak.  The Theory Underlying Concept Maps and How To Construct Them , 2004 .

[15]  Oz Shy,et al.  The Economics of Network Industries , 2002 .

[16]  Patrick Y. K. Chau,et al.  A perception-based model for EDI adoption in small businesses using a technology-organization-environment framework , 2001, Inf. Manag..

[17]  K. Ramamurthy,et al.  The Role of Interorganizational and Organizational Factors on the Decision Mode for Adoption of Interorganizational Systems , 1995 .

[18]  Andrew J. Flanagin.  Social pressures on organizational website adoption , 2000 .

[19]  Kar Yan Tam,et al.  Organizational adoption of open systems: a 'technology-push, need-pull' perspective , 2000, Inf. Manag..

[20]  Kalle Lyytinen,et al.  Contours of diffusion of electronic data interchange in Finland: Overcoming technological barriers and collaborating to make it happen , 1998, J. Strateg. Inf. Syst..

[21]  E. Rogers,et al.  Diffusion of innovations , 1964, Encyclopedia of Sport Management.

[22]  Robert G. Fichman,et al.  Going Beyond the Dominant Paradigm for Information Technology Innovation Research: Emerging Concepts and Methods , 2004, J. Assoc. Inf. Syst..

[23]  M. Markus,et al.  Information technology and organizational change: causal structure in theory and research , 1988 .

[24]  Anand Jeyaraj,et al.  A review of the predictors, linkages, and biases in IT innovation adoption research , 2006, J. Inf. Technol..

[25]  Kenneth L. Kraemer,et al.  Institutional Factors in Information Technology Innovation , 1994, Inf. Syst. Res..

[26]  Robert E. Pinsker,et al.  XBRL awareness in auditing: a sleeping giant? , 2003 .

[27]  M. Lynne Markus,et al.  Toward a “Critical Mass” Theory of Interactive Media , 1987 .

[28]  Miklos A. Vasarhelyi,et al.  Essentials of XBRL: Financial Reporting in the 21st Century , 2003 .

[29]  Jason L. Dedrick,et al.  An exploratory study into open source platform adoption , 2004, 37th Annual Hawaii International Conference on System Sciences, 2004. Proceedings of the.

[30]  Tom Brier,et al.  Communications of the Association for Information Systems , 1999 .

[31]  L. G. Tornatzky,et al.  Innovation characteristics and innovation adoption-implementation: A meta-analysis of findings , 1982, IEEE Transactions on Engineering Management.

[32]  M. Patton,et al.  Qualitative evaluation and research methods , 1992 .

[33]  Sherah Kurnia,et al.  The need for a processual view of inter-organizational systems adoption , 2000, J. Strateg. Inf. Syst..

[34]  Kai Lung Hui,et al.  Determinants of Small Business EDI Adoption: An Empirical Investigation , 2001, J. Organ. Comput. Electron. Commer..

[35]  R. Frambach.  An Integrated Model of Organizational Adoption and Diffusion of Innovations , 1993 .

[36]  E. B. Swanson,et al.  Information systems innovation among organizations , 1994 .

[37]  V. Grover.  An Empirically Derived Model for the Adoption of Customer‐based Interorganizational Systems* , 1993 .

[38]  D. Russell,et al.  People and information technology in the supply chain: Social and organizational influences on adoption , 2004 .

[39]  Kalle Lyytinen,et al.  The Dynamics of Factors Explaining EDI Diffusion in Hong Kong in the late 1990's , 2000, PACIS.

[40]  Scott A. Wymer,et al.  Factors Influencing e-commerce Adoption and Use by Small and Medium Businesses , 2005, Electron. Mark..

[41]  Daniel L. Sherrell,et al.  Communications of the Association for Information Systems , 1999 .

[42]  Sue A. Conger,et al.  INNOVATIONS : A CLASSIFICATION BY IT LOCUS OF IMPACT AND RESEARCH APPROACH , 2002 .

[43]  E. Rogers,et al.  Innovations and Organizations , 1988 .

[44]  R. Wolfe.  ORGANIZATIONAL INNOVATION: REVIEW, CRITIQUE AND SUGGESTED RESEARCH DIRECTIONS* , 1994 .

[45]  T. H. Kwon,et al.  Unifying the fragmented models of information systems implementation , 1987 .

[46]  K. Ramamurthy,et al.  Organizational and Interorganizational Determinants of EDI Diffusion and Organizational Performance: A Causal Model , 1999, J. Organ. Comput. Electron. Commer..

[47]  Jonathan P. Allen.  Information systems as technological innovation , 2000, Inf. Technol. People.

[48]  Kar Yan Tam,et al.  Factors Affecting the Adoption of Open Systems: An Exploratory Study , 1997, MIS Q..

[49]  Izak Benbasat,et al.  The Case Research Strategy in Studies of Information Systems , 1987, MIS Q..

[50]  Izak Benbasat,et al.  Research Report: Empirical Test of an EDI Adoption Model , 2001, Inf. Syst. Res..

[51]  Sree Nilakanta,et al.  Implementation of Electronic Data Interchange: An Innovation Diffusion Perspective , 1994, J. Manag. Inf. Syst..

[52]  Fred Niederman,et al.  The diffusion of electronic data interchange technology , 1998 .