I'm pretty sure it's an Adobe standard, bearing in mind the whole PDF standard is theirs to begin with; despite being open now.
My guess would be no for all PDF viewers supporting it, as some definitely will not have a JS engine. I doubt you can rely on full support outside the most recent versions of Acrobat (Reader). So I guess it depends on how you imagine it being used, if mainly via a browser display, then the majority of the market is catered for by Acrobat (Reader) and Chrome's built-in viewer - dare say there is documentation on whether Chrome's PDF viewer supports JS fully.