A question of place and space

I have had numerous discussions with several friends and academic 'enemies' on the importance of place and space, particularly in geography. So which concept is more important, or are they inextricably linked? Place implies specificity to me, a degree of certainty of knowledge, or having the ability to properly describe the specifics of an area. To me, then, place = area, in that it is bounded by something, whether it is material cognitive. Space on the other hand is everything and anything that exists, even immaterial items like ideas and concepts, because they all have or need space. Without space where would we be? How could we orient any activity or process if it were'nt for space? Space, then, is the foundation of place and together they are the component elements of our world, our society, and our lives.