6.14.10 Linking instead of embedding referenced graphics
You can use Mif2Go to produce RTF output with linked graphics instead of embedded graphics (in fact, that is what you get by default when no BMP or WMF versions of referenced graphics are present). Usually this is not a good idea, because Word does not permit scaling linked graphics in RTF. For an image to appear at the correct size, it must be in an embedded WMF; see §6.14.1 Understanding graphics requirements for Word.
To create RTF files without embedding referenced graphics, so that Word can link to the graphics files instead, make sure that Mif2Go can neither find nor generate WMF or BMP versions of those graphics. Make sure no referenced graphics are in the project directory. Then Mif2Go will create INCLUDEPICTURE references to the graphics instead of embedding them; see §6.14.2.3 Leaving graphics unconverted for Word (no scaling).
After converting your document, place the graphics files to be linked in the same directory as the RTF files. To see the graphics in Word, go to Edit > Links..., select each graphics link, uncheck Save picture in document, and click Update Now.
§6.3 Adjusting output for different versions of Word
§6.14.9 Including file names of referenced graphics in Word
§6.14.11 Embedding graphics in converted RTF files
> 6 Converting to print RTF > 6.14 Managing graphics for print RTF > 6.14.10 Linking instead of embedding referenced graphics