Preheat oven to 350 degrees.
Lightly spray an 8x8 inch baking dish or a pie plate.
Combine corn syrup, butter, and water in a small, heavy-bottomed saucepan.
Bring to boil over medium heat, stirring frequently.
Once it reaches a boil, turn heat off and stir in butterscotch chips until melted and mixture is smooth.
Spread evenly over the bottom of baking dish.
Sprinkle pecans over butterscotch mixture.
Place rolls on top and bake according to package instructions.
Remove from oven and invert pie plate onto a separate plate or cake stand.
Serve immediately.