Abstract: We study the function space characterization of the inductive bias resulting from controlling the $\ell_2$ norm of the weights in linear convolutional networks. We view this in terms of an *induced regularizer* in the function space given by the minimum norm of weights required to realize a linear function. For two layer linear convolutional networks with $C$ output channels and kernel size $K$, we show the following: (a) If the inputs to the network have a single channel, the induced regularizer for any $K$ is a norm given by a semidefinite program (SDP) that is *independent* of the number of output channels $C$. (b) In contrast, for networks with multi-channel inputs, multiple output channels can be necessary to merely realize all matrix-valued linear functions and thus the inductive bias \emph{does} depend on $C$. Further, for sufficiently large $C$, the induced regularizer for $K=1$ and $K=D$ are the nuclear norm and the $\ell_{2,1}$ group-sparse norm, respectively, of the Fourier coefficients. (c) Complementing our theoretical results, we show through experiments on MNIST and CIFAR-10 that our key findings extend to implicit biases from gradient descent in overparameterized networks.