
Lyrically, "I Ran (So Far Away)" is about a man who sees an attractive woman and attempts to run away from his feelings. Guitarist Paul Reynolds had joined the band after the music was already written, so the short guitar riffs were added for Reynolds to play. During the song's introduction and musical interludes, short guitar riffs are played, which make use of echo. With a chord progression of A-G-A-G in the verses and F-G-A in the choruses, the song is written in the key of A minor. According to the sheet music, the song moves at a quick tempo of 145 beats per minute. It is a new wave and synth-pop song, with a run time of five minutes and seven seconds.

"I Ran (So Far Away)" was recorded at Battery Studios in London with producer Mike Howlett. This depiction also helped spark the song's unusual space-like lyrics. The band had gone there with the intent of securing a recording contract, and they wanted to use the poster, which featured a man and a woman running away from a flying saucer, as the cover for their first album, A Flock of Seagulls (1982). Another idea came from a poster at a Zoo Records office.

Score noted that because A Flock of Seagulls would rehearse right after returning from Eric's, the song title and chorus may have gotten stuck in his head. The members of A Flock of Seagulls would regularly visit Eric's Club in Liverpool, where one of the bands had a song called "I Ran".

Lead vocalist Mike Score says that there were two main sources of inspiration for "I Ran (So Far Away)".
