Business and management literature on globalization is biased toward external factors in explaining its process and predicting its outcome. Organizational factors are often brought up in the context of organizational alignment or misalignment with intended strategies, which are a function of mostly environmental drivers such as market, cost, competition, and government. Moreover, the organizational factors are seldom described explicitly and hypothesized in globalization theories. This paper provides a direct, explicit link between organizational factors and its globalization strategy. It postulates the process of globalization as that of knowledge transfer at the level of business activities and as an institutionalization process modeled after the concept of “travel of ideas”. Further, deliberates inside the organizational time and space where “travel of ideas” unfolds and hypothesizes the relationship of several organizational factors including organizational context, structure, resource and control to globalization and localization outcome.