Geography mattered a great deal when resources were in the ground, people had trouble moving long distances and trade was primarily local.
Now, of course, ideas spread fast, and so does money.
Which means that national sovereignty over geography isn't nearly as important as it was. Governments are going to fight a long (and ultimately) losing battle for control.
Multi-national corporations have the upper hand. They have long horizons and better lawyers.
And ideas? Ideas are even more difficult to control than people are.